Financial literacy course for kids: “Money For Young Minds”

Money For Young Minds

Finally, we will be unveiling a new financial literacy course today, Debtwatchers’ “Money For Young Minds”, a comprehensive program in financial education and literacy for kids and young adults.

The Money for Young  Minds’ program provides guidance, lesson plans, and activities for teachers, parents and guardians interested in introducing 8  to 18-year-old kids to early financial literacy concepts.

This 8-part Teaching Series covers money from different angles – where it comes from, how you can earn more of it and how you can use your money wisely, but more importantly, how you can avoid owing or losing money.

Money for Young Minds’ is intended to be teachable by any adult, even those not formally involved in education, and including parents. It is a program that can also be taught in a variety of settings, like After School Programs, Community Outreach Programs, Local Businesses and Banks, Parents/Guardians who want to educate their children

The downloadable educational package is comprehensive and easy-to-implement. Starting with a simple PDF download, you receive the following:

  1. The 8-part Teaching Series
  2. In-Class Exercises
  3. Teacher Introduction
  4. Student Take Home Exercises

The 8-part teaching series is broken up into 8 straightforward sections:

Part 1: What is Money?

Money is a way for a person to trade what he or she has for what he or she wants. Different coins and paper money have different values.  Children need the ability to recognize the names and values of different coins and bills used in exchange for goods and services. This lesson helps children understand the meaning of trade, identify the names of coins, and grasp their relative values in terms of purchasing power.

Part 2: Money Doesn’t Grow on Trees

In order to acquire the right money management behavior kids need to understand who makes money and what the real use of money is.  This lesson introduces children to the concept of pocket money, and helps them to better identify their needs from their wants in order to spend wisely.

Part 3: The Approach to Earning

Early training in earning small amounts of money provides a foundation and understanding that work and money are connected. So this part furthers the lesson that it takes hard work to earn money. And encourages kids through fun exercises to identify works that can help them earn the money they need. There are a lot of things children need to learn about where money comes from and where it goes and what you do with it in between.

Part 4: Saving for Things

From piggy banks to bank accounts, saving money is one of the most important aspects of learning about money. With clear goals, the tasks of saving money and using it in smart ways can also be fun. During this lesson kids learn how to plan for the things they want.

Part 5: Making Smart Money Choices

Each day, no matter your age, what grade you’re in, no matter your job title or how much is in your bank account, we are all faced with decisions, many of which have effects on our financial situation.  At this stage we want the student to acquire the ability to anticipate, learn and react to better handle, spend and save money.

Part 6: Growing Up

Do you want to travel the world? Live in another country? Be a teacher or a dentist or a zoo keeper? Everything you have learned in this program is about money, but it is also about how you are going to fit into the world and react to its surprises, responsibilities and benefits. This lesson introduces teenagers to the ongoing hard work and planning that will take place in the real life.

Part 7: The Adult You

A bright financial future comes from a foundation of planning. This planning for the future, and being financially savvy, will lead to you knowing how to be debt-free, have good credit, and have a less stressful adult life. This part teaches teenagers how to calculate bills and anticipate life expenses after college.

Part 8: Dangers of Debt

Being ‘in debt’ means you owe money. When you owe money, you pay interest on what you owe. There are good debts, bad debts and dangerous debts, but all debts, even the good kind, come with risks and responsibilities. Debt cannot be taken lightly. It isn’t just as simple as borrowing a set amount of money. This lesson opens kid’s eyes on the fees that come along with Debt, the interest you pay, the amount of time it takes to pay it back and this is also tied in with how much money you make, your credit rating and many other life factors.

The lessons provide a fun and engaging way to interact with the kids, as well as serve as the roadmap for the instructor to run the course. The 8 parts include plenty of fun-facts, and natural breakpoints for teachers to open a dialogue with their students.

Financial literacy for kids

“Money for Young Minds” complements our previous launching, the financial literacy book “It Doesn’t Grow On Trees”, which can be a perfect introduction before starting this course “It Doesn’t Grow On Trees” is a book that kids and parents can read together, it encourages children to use money wisely and adopt good financial habits, so it can be a great motivation to start the course.

Get your Course NOW and let’s help raise a financially savvy generation.

Money for Young Minds” is A Guided Journey into the World of Money, Financial Literacy and the Dangers of Debt.

money for young minds financial literacy course for kids

Christopher Needler is a businessman, entrepreneur and the former Chairman of Hull City. he is the co-author of 3 books:
– It Doesn’t Grow on Trees
– Debtwatchers Debt Mastery Program
– Sanity in Clarity