Outschool
Open currency, time zone, and language settings
Log In

Financial Literacy: A Kids' Guide to Money Smarts!

Enroll in our financial literacy course for children aged 5-9! Learn all about earning money, saving versus spending, budgeting and basic banking to build a strong foundation for smart financial habits that will last a lifetime!
Class

What's included

8 pre-recorded lessons
8 weeks
of teacher support
1 year access
to the content
Homework
1 hour per week. 📝 Homework will be assigned weekly. Given the self-paced nature of this (pre-recorded) class, completion of assignments is required before advancing to subsequent lessons. This ensures that prior content is thoroughly understood as it will be revisited at the beginning of each class. Learners will be able to share their completed assignments through Outschool's messaging system or by posting on the Outschool Classroom.
Assessment
💻 Diagnostic questioning is used at the the start of the course. This is where specific questions are used to assess students' prior knowledge, understanding and misconceptions about a topic before instruction begins. 📋Formative (on-going) assessment are conducted throughout the duration of the course. Weekly quizzes are administered in class to assess student understanding of the material. In order to cater to all learner needs, these quizzes range from multiple choice, 'fill in the blank', matching, true or false and written questions.

Class Experience

US Grade Kindergarten - 4
Beginner - Intermediate Level
📚 Content Summary 📚

Welcome to 'Financial Literacy: A Kids' Guide to Money Smarts!' - an interactive course designed to introduce children to the exciting world of financial literacy! This course aims to make learning about money fun and accessible, laying the foundation for smart financial habits from an early age.


📚 What topics will you cover?

 1. Understanding Money: Learning about different types of British currency (both coins and notes) and their value 

2. Saving and Spending: The importance of saving money and making informed spending decisions by identifying needs versus wants 

3. Budgeting: Simple strategies for managing money and setting goals

4. Value and Pricing: Understanding how prices work and making choices based on value 

5. Banking: Learning how banks work (deposits and withdrawals) and the difference between debit and credit cards


🏫 How Is Your Class Structured?

Each class will be divided into segments as outlined below: 

Warm up: 

⭐ Introduction to the lesson topic 
⭐ An ice-breaker activity related to the day's lesson

Lesson focus: 

⭐ A short lecture/PowerPoint or story using visual aids (pictures and videos) explicitly teaching the main concept of the lesson
⭐Low-stake assessments in the form of questioning will be used to support retainment of information 

Interactive games or activity: 

⭐ Hands-on game or activity will reinforce taught concepts

Task: 

⭐ A worksheet or exercise where children apply the concepts learned

Mini-plenary: 

⭐ Common misconceptions will be addressed 

Homework: 

⭐Learners will be signposted to their weekly homework assignment as well as related resources and materials that can be found on the Outschool Classroom


👩🏻‍🏫How Will You Teach?

This is a self-paced class which means that there are NO live lessons. Instead, learners will have access to pre-recorded lessons and all supplementary materials, including activities, games, worksheets and links to relevant videos. 


🍎 What’s Your Teaching Style?

My teaching style is all about making learning engaging, interactive, and fun. First and foremost, I focus on being enthusiastic and approachable. I know that young children are naturally curious and full of energy, so I bring a lot of excitement and energy to each lesson. 

I use visual and interactive methods to keep the lessons interesting. Since children learn best through play and hands-on activities, I incorporate lots of visuals like colourful slides, charts and pictures. I also use interactive games and activities that allow learners to practice what they have learned in a fun and low pressure way. For example, we might use play money to make purchases or create simple budgets. Multimedia resources are also key components of my teaching style. I use short video clips to illustrate concepts; this not only helps to hold the attention of young learners but helps to clearly illustrate abstract ideas. These videos are always short and engaging and appropriately pitched to match their age range.

 My teaching style also includes storytelling. I often use stories or relatable scenarios to introduce financial concepts as stories help to contextualise abstract ideas and make them easier to understand. 

I understand that grasping financial concepts can be challenging for very young children, so I provide plenty of encouragement and positive reinforcement. I make sure to explain things in simple, clear terms that are age appropriate. 


🧑‍💻 Interaction is at the heart of 'Financial Literacy: A Kids' Guide to Money Smarts'. Learners will have plenty of opportunities to engage with the teacher by submitting work via the Outschool classroom and receiving tailored feedback directly from the teacher.

🚨Please note: this course follows the UK Primary National Curriculum and teaches learners about British currency (£). To find a breakdown of what this unit entails, please read the course syllabus.
Learning Goals
Recognise and Understand Money: Learners will be able to identify different types of British currency (coins and notes) and understand their value
Develop Basic Money Skills: Learners will learn to count and handle money through practical exercises
learning goal

Syllabus

Curriculum
Follows Teacher-Created Curriculum
8 Lessons
over 8 Weeks
Lesson 1:
Coins & Cash: Exploring British Currency
 In this lesson, you will be introduced to the different types of British currency (£ and p). Learners willl explore coins and notes with the support of visual aids and enjoy a simple story about money to contextualise their learning. 
Lesson 2:
Money in Action: How to Handle Money
 In this lesson, you will develop basic money skills. Learners will practise counting and handling money with play money. Activities will include a game called "Money Match" where students match coins and notes to their values. 
Lesson 3:
Saving Superstars: Why Save and How To Do It
 In this lesson, you will focus on the concept of saving. Learners will discover why saving is important through discussion and examples. Activities include a "Save or Spend" game to illustrate saving choices and a craft project where they make their own savings jar or piggy bank. 
Lesson 4:
Spend Smart: How to be a Smart Consumer
 In this lesson, learners will be introduced the idea of spending wisely. Learners will listen to a story about a character who learns to spend wisely, followed by a role-play activity where they use play money to make purchases and discuss their choices. Students will also create a list of wants versus needs to help students understand the difference. 

Other Details

Learning Needs
Visual aids, rhymes and concrete resources are used to support conceptual understanding. Options for enlarged text, audio instructions and closed captioning are also available.
Parental Guidance
Dear Parents/Carers, ⚠️Disclaimer: Online Safety⚠️ I am excited to offer this online course designed to teach young children aged 5-9 about financial literacy. The course aims to introduce basic financial concepts in a fun and engaging manner, using age-appropriate language and activities. While the course content is designed to be child-friendly, I recommend that you supervise your children during the lessons. This will ensure that they understand the material and can ask questions if they need further clarification. The course is intended for educational purposes only, providing foundational knowledge about financial literacy, such as understanding money, saving, spending, and basic budgeting. It is NOT intended to offer specific financial advice. 🛡️As with any online activity, it is important to ensure a safe online environment. Please monitor your child's internet usage to protect their privacy and safety while participating in the course. The course includes interactive components, such as games and activities, to enhance the learning experience. Your involvement can help reinforce the concepts being taught and provide additional support for your child's learning.
External Resources
In addition to the Outschool classroom, this class uses:
  • Youtube
Joined April, 2024
Profile
Teacher expertise and credentials
Postgraduate Certificate of Education with Qualified Teacher Status (5-11 years) 

Reviews

Self-Paced Course
Share

$13

weekly or $100 for all content
8 pre-recorded lessons
8 weeks of teacher support
Choose your start date
1 year of access to the content

Choose your start date
Ages: 5-9

Not Accepting Enrollments
About
Support
SafetyPrivacyCA PrivacyLearner PrivacyManage Data PreferencesTerms
Financial Assistance
Get The App
Download on the App StoreGet it on Google Play
© 2024 Outschool