Financial Literacy Lesson Pack

What is Financial Literacy?

Financial literacy is the confident understanding of concepts including saving, investing and debt that leads to an overall sense of financial well-being and self-trust. According to the US Financial Literacy and Education Commission, there are 5 principles of financial literacy:

1. Earn

2. Save and invest

3. Protect

4. Spend

5. Borrow

What will children learn?

In this skill, students will learn the meaning of ‘finance’ and a brief history of money. They will then explore the differences between a person’s needs versus their wants and learn about long-term and short-term goals and how to set them.

Students will also learn about budgeting, smart spending and banking. All important skills that will greatly benefit them in the real world.

Inquiry based learning

Students enjoy a student-centered, engaging approach to the discovery and exploration of this skill.

Cross-curricular

Each lesson has cross curricular links as well as links to national objectives/standards allowing for seamless integration into your daily curriculum.

Multiple lessons

This skill comes with a fully stacked resource pack including detailed plans, flip-charts, resources, useful links and feedback tools.

Financial disclaimer

This resource is provided for informational and educational purposes only and does not constitute financial advice. If you require financial advice, you should contact a suitably qualified professional. You should not rely on the material included within this resource and 21 Skills Hub does not accept any responsibility if you do.