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Financial Literacy 101: Smart Money Skills for Kids! | 2024-2025 School Year

Class
Ms. McDonald | Innovative Minds Academy
Average rating:
5.0
Number of reviews:
(1)
Financial Literacy 101: Smart Money Skills for Kids is a one-hour virtual class designed to teach children aged 8-14 essential money management skills through interactive activities and practical lessons.

Class Experience

US Grade 5 - 8
Follows Teacher-Created Curriculum
Aligned with Common Core State Standards (CCSS)
  • Understand the basic concepts of money and its uses. Recognize different methods of earning money and the importance of saving. Develop a simple budget and learn how to balance spending and saving. Make informed financial decisions through practical examples and scenarios. Foster a positive attitude towards money management and financial responsibility.
Your instructor, Ms. McDonald, is a passionate educator with a background in finance and a love for teaching kids about money management. With over 24 years of experience in financial literacy education, Ms. McDonald makes learning about finance fun, accessible, and relevant for young learners.

1 - 2 hours per week outside of class
Assessment
Frequency: available upon request
Details: In Financial Literacy 101: Smart Money Skills for Kids, assessments are designed to be engaging and interactive, ensuring that students grasp key financial concepts in a fun and supportive environment. The assessments include: 1. **Interactive Quizzes: ** Short quizzes throughout the class to test understanding of concepts like saving, budgeting, and smart shopping. 2. **Scenario-Based Activities: ** Practical scenarios where students make decisions on how to spend, save, or budget money, allowing them to apply what they've learned in real-life situations. 3. **Group Discussions: ** Opportunities for students to discuss their ideas and decisions, fostering collaborative learning and reinforcing key lessons. 4. **Budgeting Exercise: ** A hands-on activity where students create a simple budget based on a given allowance, helping them practice balancing income and expenses. 5. **Reflection Questions: ** At the end of the class, students answer reflection questions about what they've learned and how they can apply these skills in their daily lives. These assessments ensure that students are not only absorbing the information but are also able to apply their new knowledge in practical ways.
Grading
Frequency: available upon request
Details: Financial Literacy 101: Smart Money Skills for Kids does not use traditional grading systems such as letter grades or percentages. Instead, the class focuses on qualitative assessments and feedback to ensure students understand and can apply the concepts taught. Here’s how student progress is measured and communicated: 1. **Participation Feedback: ** Students receive feedback on their engagement and participation in discussions and activities, highlighting their strengths and areas for improvement. 2. **Completion of Activities: ** Successful completion of interactive quizzes, scenario-based activities, and the budgeting exercise is noted, with encouragement and tips provided as needed. 3. **Reflection Insights: ** Feedback is given on the reflection questions to help students think critically about their learning and how to apply financial skills in their daily lives. 4. **Certificates of Completion: ** At the end of the class, each student receives a certificate of completion, acknowledging their effort and participation in the course. This approach emphasizes learning and practical application over traditional grades, fostering a positive and supportive learning environment.
Paper, pencil, and a calculator (optional)
In addition to the Outschool classroom, this class uses:
Joined August, 2023
5.0
1reviews
Profile
Teacher expertise and credentials
Ohio Teaching Certificate in English/Language Arts
Ohio Teaching Certificate in English/Language Arts
Master's Degree in Education from Ashford University
Bachelor's Degree in Education from Kent State University
Greetings Families! 
 I’m  Dr. Tiffany McDonald, Ed.D, Certified Education Specialist at TEACH Inc. As a 7 year Educator with 20 years in Education, I’m   READY to help you TEACH ‘Beyond the Classroom’. As a scholar in my class, parents and... 
Group Class

$30

per class
Meets once
60 min

Live video meetings
Ages: 10-14
5-12 learners per class

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