With so many young adults struggling with their student loan payments after graduation, more people are advocating for financial literacy classes in schools. Though most schools still do not offer mandatory finance classes, parents can play a role in their children’s financial education. Our credit counseling belief: the earlier the better. ACCC has plenty of lessons and activities you can do with your kids! Here are some of our lessons in financial literacy for kids.
Financial Fun – Preschool to 2nd Grade
Financial Fun is a workbook full of lessons and activities that you can do with your preschool to 2nd-grade kids. It teaches young children to differentiate between coins and the importance of saving money. Activities in this workbook include “play store” and decorating a money-saving envelope. The lessons and activities are a great way for parents to introduce the basic concepts of money to their children.
Money Mania – 3rd to 6th Grade
Next, Money Mania is targeted to elementary schoolers. The topics include making choices, needs vs wants, earning money, and it begins to introduce the concept of budgeting. Though this age group cannot get jobs yet, teaching them about earning money is still important. They can start earning money by doing chores or setting up a lemonade stand. Instead of just asking Mom and Dad for money for a new toy, they can start to work for it and learn the value of money.
Dimes to Riches – 7th to 12th Grade
Finally, Dimes to Riches is a workbook for older kids and teaches more advanced concepts. This is the final workbook teaching financial literacy for kids that ACCC offers, and teaches concepts such as SMART goals, having a bank account, and spending/borrowing smart. These concepts are important for this age because these kids are in the process of making significant financial decisions about college and their futures.
For more financial education materials, or to learn about our debt management program, sign up for a free credit counseling session with us today.