Yes, you can teach financial literacy to a 1st grader – just don’t forget the Hatchimals. Saira Malik, Chief Investment Officer at Nuveen, a TIAA company, says it’s never too early to start teaching financial literacy. The key is making it interesting. “I show them that financial literacy can be fun. It can be something we’re talking about when you’re watching TV, when you’re looking at social media, when we’re shopping at Target looking at toys," she told LinkedIn News at the Milken Institute Global Conference. How would you teach financial literacy to a 1st grader? Let us know in the comments. #MIGlobal
How to teach high school and college students to invest in mutual funds since they probably will participate in 401(k)s or 403(b)s. See, "More Cash Is Better Than Less." https://www.amazon.com/More-Cash-Better-Than-Less-ebook/dp/B0CTN2C9SV/ref=sr_1_1?crid=85VNIQWDZTM1&dib=eyJ2IjoiMSJ9.DzEoJb2clIN4CU3HZ0-oMg.P_Zr-KMUJGGN9ie9GwylUI-zGu8XQAS-dZMPOVPf9B8&dib_tag=se&keywords=DePree+more+cash&qid=1720054651&sprefix=depree+more+cash%2Caps%2C144&sr=8-1
financial literacy=basic Math(adding/subtracting), financial literacy=Budgeting, financial literacy=Delayed Gratification, financial literacy=Learning constantly, financial literacy=Being Curious, financial literacy=knowing the Stock Market=financial literacy=How the Economy "works" daily, financial literacy=Most people are awful with financial literacy lol
Thank you for sharing, Saira! 😊 Teaching financial literacy to children is very important and can be fun. We also believe in starting early. For a 1st grader, I would use real-life scenarios, such as saving money for a favorite toy or understanding the 🎈 value of money during family shopping, to make it interactive and relatable.
Great idea of teaching financial literacy in early ages
Emotional intelligence is a faceted factor in the acceptance process of external forces in life that can directly result in gentrified impoverishment or connected achievement. Language has no place in financial literacy.
Financial literacy needs to be taught to starting in lower school. It is a must.
I love the idea of teaching financial literacy at the earliest ages / stages possible. It’s the seeds that we plant.
This was so engaging.
How cool!
Retired jail Officer at HAMPTON ROADS REGIONAL JAIL
1wI am a great grandfather who attempted to teach financial literacy to our great granddaughter when she was 7 years old. I bought her a pink automatic ATM bank and put $85.00 ($20,$10,$5 and $1.00 bills) inside of it as a savings account. The only way for her to open the front door is to put in a code ( the key pad turns green and the door opens). Cash or change are placed inside the bank via a slot at the top of the door. The bank was then put up out of her immediate reach.I explained to her the advantage of having a savings account: "responsibility and accountability". " Don't withdraw more than you deposit into your account. Know how much cash is available upon any withdrawal. If she were to take any cash out; it's to be no more than $5.00 , and she had to ask me first. The experiment lasted about a year. My wonderful great granddaughter only took out' money for food.' She was only 7 years old and didn't do the deposit side of financial literacy.