About the Activity Booklet
In the increasingly complex world our children live in today, understanding money and the role it plays in our daily lives may be one of the most important skill sets parents, families, and educators can provide to prepare students for the future.
Financial literacy provides students with the knowledge and skills necessary to make sound decisions about money in all aspects of their lives. Understanding finances does not simply mean knowing how to create a budget, stay out of debt, or learn how to invest and save for the future. It is also important to explore how consumers are influenced to spend their money, what the difference is between needs and wants, weighing the short- and long-term effects of financial decisions, and realizing that money impacts our well-being.
Children are regularly faced with experiences related to money: watching a commercial and deciding they want a new toy, asking to buy a favourite snack for lunch, using their allowance to purchase a book, or realizing they cannot have a certain bike because it is too expensive.
The activities in this booklet are designed for students in Grades 4-6 and created to support both educators and families with opportunities to present a few essential financial literacy concepts and skills in a simplified and engaging format. Each activity can be completed independently by students regardless of their prior knowledge and experience with financial literacy. However, families are strongly encouraged to participate along with students in order to support the learning that will stem from each activity. Educators can use this resource as a take-home supplement to classroom exploration into financial literacy or as an independent learning opportunity designed to enrich students’ understanding and skills.
The layout of each activity includes a brief introduction followed by what students need to know in terms of concepts and vocabulary. The instructions are simple and easy to follow. Space is provided for all student work, making it possible for students to complete the activity anywhere at any time.