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Monday, December 2, 2013

Economics Lessons for Students of All Ages

A couple of weeks ago David Andrade posted a short list of financial literacy resources for students. Money As You Grow is one of the items on the list that is new to me. Money As You Grow was developed by the President's Advisory Council on Financial Capability.

Money As You Grow features lesson activities for students from pre-K through college. The interactive site outlines financial literacy milestones for each age group. Click on an age group and milestone to see a short list of activities that you can do with students to help them reach a new financial literacy milestone.

Money As You Grow offers free posters about the milestones and activities shared on the website. The posters are available in a variety of sizes for you to download and print.

Applications for Education
It is never too early to start teaching students about the responsible use of money. What I like about Money As You Grow is that many of the suggested activities are things that parents can do with their children during the course of a normal day of running errands. I also like the suggested credit card activity for teens. In the credit card activity for teens they are asked to use the Federal Reserve's website to see how long it would take to repay $1,000 credit card balance if they only make minimum payments on time every month.