3.4 Financial and Economic literacy by EUN Partnership aisbl

Stefano, Italy

prof_stefano_durso — 2017-03-14 10:23:32 UTC

I asked to my last class in secondary school to start the project of opening a pizzeria with some constraints (in terms of budget, time...). They are working in groups, producing a WBS and a GANTT. They are finalizing it and they will share the results in class with the other groups

Despoina Amaratidou, Greece

2017-03-14 10:34:14 UTC

When we learn numbers and the decimal system, we do a task that allows students to handle their money. They have got a healthy menu with given prices and they must spend up to 3 euros. They add what they buy and they estimate the total sum and their change.

Mara, Italy

2017-03-14 10:47:41 UTC

I proposed to my students (aged 16) to think about saving some money for a long term expenses. They are attending a vocational school to become Chefs and many of them would like to continue and take a degree in a famous cooking school in Norhern Italy. I asked them to write down the ways of making money ( summer jobs in restaurants or baby sitting) and I suggested them to open an account to keep their money safe and not to spend it immediately. Also as a homework I asked them to visit different banks and the post office to compare their different proposals and find out which is the most convenient. They enjoyed this activity and they felt really responsible about their future and how to build it with their own energies.

Marianthi Arvanitidou-Greece

1canislupus22 — 2017-03-14 13:07:56 UTC

With college tuition and fees increasing every year, the ability to make sound financial decisions is just as important as doing well in your classes. Smart financial management is an everyday reality. Learning how to budget money, limit unnecessary spending, and how to choose the best credit card and bank account are all important steps in developing a strong financial future.

Nora,italy

noraroxane — 2017-03-14 15:24:24 UTC

How to find in Greek and Latin languages a work to learn the sue of the money? It's necessary collaborate with the math's teacher.

Alessandro Michele, Italia

2017-03-14 15:49:39 UTC

I teach usually to my students combining economy and law. These materials, infact, are linked and pose problems and solutions.

Vasiliki Psaridou/Greece

psaridou — 2017-03-14 15:52:18 UTC

Since I am a teacher in a Minority school in Greece and children at 6 years of age don't know enough Greek to communicate successfully, I try to teach them how to shop in a market by create a market corner in the class. There children use fake euro and pretend to buy things.

Giuliana, Italy

giuliana_lalli — 2017-03-14 16:32:12 UTC

I teach Italian literature and history, my students are 15-19 yo. Maybe I can propose an activity about financial and economic to better explain the historic period they are studying. I need to think about that

Daniela Spinella Reggio Calabria

daniela_spinella — 2017-03-14 16:36:30 UTC

Usually I introduce a family budget saying to the boys that the family is a consumer company that ven though tends to generate savings on a precautionary basis so to do what is important to understand the average monthly income of a family and make an estimate of the monthly consumption figure out what you have on hand to cover the necessary expenses and what the excess is destined to savings

Maria Tindara Celona, Italy

2017-03-14 17:17:12 UTC

Make a profit and loss account, divided into costs and revenues. Put the costs to the left and identifies what you bought with the money that they give you a month to your parents. Put the right hand the money you receive from your parents. Find the profit or loss of the month.

Enrica Maragliano - Italy

EMGe — 2017-03-14 17:18:32 UTC

Driving question: "A friend of yours has a dream: you want to go to Staffa Island - Scotland to visit Fingall's Cave and meet the puffins. How can you help him to get there and make the most of his trip?"

Students have to:

- discover where Staffa is (Geography)

- understand how you can get there

- find how much costs to get there and how you can get money to go there (crow founding)

- find the accomodation (on Staffa there are no hotels, you might sleep on Iona)

- decide what to do there and how long to stay there
- learn about Mendelssohn

- learn about puffins

Edda, Italy

edda_caracino — 2017-03-14 17:26:36 UTC

Mod.3.4
Working with small children I think that they must learn about numbers first. I'll surely do something like a problem : you are going to a pizzeria with your friends.Look at the menù ,choose and list what you want but remember that you have only 12 euros.How much did you spend? did you save any money?How much?

Konstantinos, Greece

kkarampelas — 2017-03-14 18:31:46 UTC

In the Greek Primary Education System, economic topics are dealt in the third grade were I teach. This is done in a subject called Environmental Education, which has do to with environmental, science and social topics. There are units about jobs and occupations. In these there are tasks about the jobs and their characteristics.

Maria Grazia

mariagraziagiovanna_64 — 2017-03-14 18:50:59 UTC

I teach economics and law at a secondary school. for me it is not difficult to speak of financial economics. I often use the English terminology to accustom my students to an international language.

Bojana,Macedonia

boenov — 2017-03-14 18:57:51 UTC

I teaches science,and when it is time for planting new trees, or flowers , and the school has no money intended for new plantings, with students we are making a plan how to make money.students begin with activities like making homemade food,handmade jewelry ,they sell them and donate all the money for buying new plantings.So students learn how to earn money

Raffaele Cardone

2017-03-14 20:49:08 UTC

I teach in a music school, and I always tell my students that the only way to derive the maximum profit is to sell a product without having to stock inventory, no others can do it the same way and without having deadlines. Music is a way to travel the world and play, producing income and also build cultural tourism that does so much good to the country and to all

Antonietta, Italy

2017-03-14 21:29:45 UTC

I often use the Monopoly game to foster my students financial literacy as it is useful to have them faced with a series of situations related to their daily life. My students are aged 11-14 so They have to solve financial situations related to their interests such as buying a new bike or a new smartphone, some snacks or similar.

Paola, Italy

sinipas — 2017-03-14 21:47:01 UTC

The third year students of my school (technical secondary school for information technology, 16-17 year old) are engaged in a PBL interdisciplinary activity in which they have to simulate setting up, running and operating a company (Impresa Formativa Simulata). We re still in the pre-requisite phase and the students are getting familiar with financial terms and notions through participation to a MOOC by Milan Politechnical University (in English) in flipped modality with the purpose of acquiring an overview of financial issues. In class we discuss videos, tests and do follow up activities. I realize that as an English teacher I can help them with the general language, but the specific content is a challenge for me too, financial education is totally missing in my feedback, I admit to my illiteracy!

Orestina, Italy

orestinaonofri — 2017-03-14 22:18:53 UTC

I will take the chance of the incoming visit to Nice to do some financial acitivities. The first one will be about how to save money to go to the "Explore the door" game, which they love, but that is really expensive for them. Will we mange to save enough money to go there?

Ignazio-Italy

2017-03-15 08:36:44 UTC

I usually work with my students on bussines cases, in the 4 p of marketing and break even analysis. They are pre-requisite to boosting a sense of initiative and entrepreneurship in my students.

Evangelia, Greece

2017-03-15 12:57:54 UTC

In order for the students to have a several days excursion, they tend to save money in many different ways. I would ask my students to make a plan of the activities they plan to implement during the year and even define the dates of their implementation, try to suppose the amount of money expected to be raised form each one of them and suggest ideas to improve their budget.

Giuseppina - Italy

2017-03-15 15:29:48 UTC

School: Secondary School - Modern languages
Target students: age 16 - 17
Activity: How would you find financial resources for your next stay abroad without asking your parents for money?

Francesca-Ital

francesca_neiviller — 2017-03-15 15:31:33 UTC

Organize your next weekend with students whose age is between 14 and 16

Camilla - Italy

camilla_ciaccia — 2017-03-15 16:15:11 UTC

I'll ask them to save the money they would spend to buy useless things, in a money box. Every day each of them has to put money in. After one mounth we could count the money and with them we could
buy school tools

Cosimo, Italy

cdtataranni — 2017-03-15 17:06:29 UTC

I always tell my students that the first way to earn money is to spend it carefully and wisely

Teresa Meli

meliter1 — 2017-03-15 17:40:38 UTC

Step of my lesson to students between 14-16 year old:
-Brainstorming activity What idea have the students of savings and consumption in light of their experience?
With the aid of a Padlet the students share their ideas.
- After watching some short video on consumption and saving, discussion between the students and elaboration of a mind map

MariaAntonietta-Italy

marican — 2017-03-15 18:37:35 UTC

I tell my students that they can help mum at home,take dog out,go to market and have pocket money.They can save money and use it when they need.

HOW TO MANAGE FINANCES

2017-03-15 19:52:17 UTC

I PROPOSE to CHILDREN of 6 YEARS to CALCULATE HOW MANY EUROS WOULD NEED to GO on an EXCURSION by TAKING the TRAIN and VISITING a MUSEUM. I INVITE THEM TO CONSIDER ALL COSTS FROM FOOD TO BEVERAGES AND EVEN SOME SOUVENIRS. THEN I ASK THEM TO THINK ABOUT HOW THEY CAN OBTAIN THE MONEY BY SAVING FROM THE WEEKLY POCKET MONEY.

Paola, Italy

2017-03-15 20:24:10 UTC

In a Primary School we can start a lesson activity showing students the money!

Show your kids what different coins and notes look like. This will help them learn what money is.
Gather a collection of 5-cent, 10-cent, 20-cent, 50-cent and one and two euro coins for them to hold and play with regularly.
Point out the different colour, shape, size and weight of the coins.
Show them paper notes too – even the 50 - 100 euro notes...

Teach your kids the value of money.

Teaching kids about the value of money is a little harder.

You can use the different attributes of coins (colour, size, shape and weight) to help them learn that every coin is worth a different amount of money.
You can also use coins to play a counting game with kids.
For example, show them how many 10-cent pieces make up one 50-cent piece.
There are lots of different combinations to try. Work it out together!
Show them what money can buy. But make sure you use examples that they can understand. For example, one euro will buy one ice-cream. 10 euros will buy 10 ice-creams. (Okay – maybe ice-creams aren't that expensive. But you get the point!)

Show your kids how money works

One of the simplest ways to show kids how money works is to take them shopping.
You can ask parents to take their kids to the supermarket and let them watch (or help) select items off the shelves. And at the check-out, let kids hand the money to the cashier and count the change together.
At home parents can play "shop" with their kids.

Angelamaria Galderisi, Italy

soleemare_a — 2017-03-15 20:38:42 UTC

I teach English as foreign language at a Secondary High School to students aged 15-19. A good lesson activity in order to teach them how to manage their finances and to budget could be planning a journey on their own. Students could try to arrange and organize a Summer holiday managing their pocket money during a long period of time. They could be divided into group works each arranging a feature of the journey, from the destination to the accomodation, from visiting the best landmarks to meals.

Chantelle Bartolo Cremona

chantellecremona — 2017-03-15 21:30:22 UTC

When I teach Mathematics I try to present my students with real life problem solving tasks. A lot of the problem solving involves using money.

For instance, in a particular lesson I asked them to create a budget for the expenses needed to organise a Christmas party. I gave them a spreadsheet and they came up with the items needed, their realistic costs and the total amount that they had to spend per person and in total.

Party Time

You are going to have a Christmas party, you can invite up to 10 friends. Use the information below to fill out the table including what you would like at your party and how much it will cost. Each friend needs a drink, something to eat, a sweet and a toy. Work out the totals for each friend and the total amount spent on each part of the party.

Price List

Lemonade 10p

Cola 10p

Orange Juice 5p

Crisps 5p

Sandwiches 10p

Chicken Nuggets 20p

Jelly 10p

Fairy cake 10p

Chocolate fountain 25p

Teddy Bear 30p

Bouncy Ball 15p

Notepad 20P

Isabella, Italy

2017-03-15 22:15:26 UTC

I teach economy and law in a secondary high school and financial literacy is always a topic in my lessons. The students find very interesting an economic glossary in which are included all the most used economic and financial terms: we find them in newspapers, in the web, on TV and then we explain them in the more simple way as to make them understandable to all. Finally we make some slides to illustrate them also in an ironic way.

Alessandro Marinelli, Italy

maralex100 — 2017-03-15 22:39:33 UTC

I'm a teacher of business administration.

In the first classes we begin with the economy of the family. We talk about how parents gain the money and how the family spend it. We talk about needs, as food, dress, shoes, holidays, furnitures, books, cars, motorcicles and so on.

Then we drive the discussion about economic entities.

And so on.....

Gordana B.

gocabud — 2017-03-16 08:50:10 UTC

Task: Devise a detailed plan for a 2-week summer holiday in Spain. The budget is allocated and cannot be exceeded. Students will have at their disposal all the relevant pieces of information (e.g. the ticket prices of various means of transport, the cost of insurance, names of possible destinations, hotel prices, prices of additional excursions, etc). The idea is to come with the best possible holiday and fit into the budget.
Age group: 18-year-old students (students will be working in groups of four)

Elviana, Italy

2017-03-16 11:08:12 UTC

We built of paper money that are distributed in equal manner to children.
Then we set the value of some actions: task performed well ($ 2), help a friend ($ 1) ..... of course if the task is done wrong, the money must be returned. Then we will perform a billboard in which we will make from time to time those who receive money and those who have to give them. This way the students will understand that the more you work well and better.

Norma Lisa

2017-03-16 11:34:48 UTC

I'm an Applied Math teacher, I usually analyze decision making and operational Research with my students in the last yaer of the Upper Secondary School.

Marija, Serbia

2017-03-16 13:33:25 UTC

Once a year our Central Bank organize a workshop with the topic: Home budgeting. This is more important event for students from non-bussiness high schools.

Nicole, Italy

2017-03-16 13:40:01 UTC

As part of the geography program, I get my Year 5 primary school class to organise a one week holiday in a country in South America, where they have to figure out how to get there, where to stay, places to visit etc. They could add a budget to this project to help them develop their financial literacy.

Zulmira, Portugal

zulmira_lima — 2017-03-16 14:22:26 UTC

I usually use play money to foster my sudents (primary school) financial literacy. First they have to identify the money a nd the difference betweem each coin or note. They do lots of exercices with this money to become aware of its value. Then, we simulate a buy and shop situation and students have to make purchases and make choices.

Reda

2017-03-16 14:43:39 UTC

Students can discuss their/their families' shopping habits and make tips for wise shopping.

Emma, Sweden

emma_l_dawson1 — 2017-03-16 15:12:46 UTC

I recently introduced the concept of earning money and paying taxes to my class of 7-9 year olds through an activity where they first made something (in this case a simple origami decoration which we could decorate the classroom with). They got to choose if they wanted paying per item or per hour and had to justify why. After an hour of making they then got 'paid' but then they had to pay back 30% in taxes. After that they got to discuss what the collected taxes should go towards and what their leftover money would be spent on.

Daniela - Italy

2017-03-16 15:52:07 UTC

Once I did some lessons to 12 years old students about entrepreneurship. I asked them to work in groups and think about a shop or an activity, what they need, financial and human resourse. They found it very interesting and each student did his activity

Giovanni P. Italy

2017-03-16 16:13:43 UTC

I am an Italian teacher in a secondary school. My students (10-13 years) are planning a trip with a fixed budget. The activity will include the calculation of the costs of each element: plane, car, hotel, restaurants, museums, monuments, clothing, gifts, etc .. This is an excellent exercise to plan a trip and keep in mind the budget.

Teresio Italy

2017-03-16 18:16:22 UTC

the teacher plans a fixed budget for the breakfast students eat in the morning at school. They will have to spend the exact amount of money. Make a small reduction of the budget every day. They have to cope with it by finding the way of having their breakfast however. No theft allowed.
Try to tackle the task without starving! :-)

Alina Popa -Romania

popalina21 — 2017-03-16 18:51:15 UTC

Every activity that involves financial covers are disscussed with the parents, master school...and are planned by teacher in accord with parents. transport, visits, or symbolic gifts for visiting factories or others.

Özlem, Turkey

ozlemtalip — 2017-03-16 19:44:38 UTC

I asked to my class in secondary school to start the project of making a healthy pudding.They are working in groups and Found the ingredients needed for pudding. Learn the prices of materials needed for pudding.They are finalizing it and they will share the results in class with the other groups.

Çelebi, TURKEY

muallim3858 — 2017-03-16 20:29:33 UTC

I gave 5 turkish lira budget to primary school 2nd grade students. I wanted to buy stuff with this money and make a food. I said that it would be the 'entrepreneur of the year' who sold this food and earned the most profit. I wanted them to make a table of income.

Barbara, Italy

barbaradipa — 2017-03-16 20:36:50 UTC

In Italy each activity involving financial matter must be approved by the teachers and by the headmaster of the school along with the School board.
First of all I would propose a survey in every class, organized with specific questions (also about the will to participate giving 1 or 2 euros each - maybe from their pocket money - to adopt a dog) by groups of students of my class about the chance to adopt a dog at the local dog pound. Later I will ask them to transform the survey results in histogram and pie chart (Statistics).Then I will ask the school board to approve this project in relation to the amount of money we could collect. After their approval the class would collect the money and the staff of the dog pound would propose their dogs by their blog or by mail, quantifying for example how much food they can buy with the collected money. This project should continue in time to support the dog pound. It could be related to a volounteering activity given by students and their families too.
Entrepreneurship and sustainability are strictly involved in it.
With students with mental disability it's possible to work on the use of money relating to daily shopping. I use banknotes and coins made of plastic and we simulate a usual daily shopping in a bakery, in a supermarket, and so on.

Emel, TURKEY

mlaydn — 2017-03-16 21:14:12 UTC

I want my students to make the budget plan of the money they have accumulated.

Sonia S. Italy

2017-03-16 21:28:50 UTC

Situation: My students would like to organise a end of year trip.
Cost of trip all included must be no more than 400 euros
In groups they have to prepare a presentation about how they are going to finance their trip and demonstrate why their trip is low-cost ( transport, accommodation, food, activities)
The most realistic presentation will be the chosen destination for the end of year trip.
Students in team have to find a place, a mean of transport, food, activities and work out the cost of everything and ensure it does go beyond 400 euros. Finally how they can finance some part of this trip.
This activity would be suitable for 14+

Mariangela, Italy

mariangela_biel — 2017-03-16 21:31:06 UTC

Make a plan to manage the budget raised selling products on Open day

Regina, Brazil

2017-03-16 23:47:41 UTC

At our school, every year we do the following activity:
Students plan a small social gathering celebrating something important for the class.
- A group of students makes up a list of items they will need for the party
- They collect money for the event among their classmates
- They organize the party and do the cleaning after it is over.
They have a lot of fun doing this!

Francesco Coppola, Italy

fscocoppola — 2017-03-17 11:02:45 UTC

Every year in Italy the students of humanistic schools have to spent 200 hours of their school time (1000 h/year) in activity concerning the world of job and professions.
The sector of banks are often involved in financial education. In this period my students are into a project concerning the “monethic”. They are contacts with financial operators who explain them how well use money, spent it, and gain it.
It’s important to reflect about the ethic dimension of gaining money.
An activity is to concept and design an object, to present it at a fair and to gain a price consisting in money or travel tickets.

Melanie Cini, Malta

2017-03-17 11:06:44 UTC

I make my students imagine they had their own family & wages. They would plan a budget according to needs and priorities.

Riccardo, Italy

rccrmn — 2017-03-17 14:03:50 UTC

Last year fashion students working in groups are asked to imagine starting up a fashion company once they finish school. Have them work out the required budget, how to raise the starting capital. and how to spend it.

Constantinos, Cyprus

ckalapodas — 2017-03-17 15:01:16 UTC

In secondary school computer science class we have an activity were students are given a specific budget and a target project (buy a gaming pc for example) and are asked to research and come up with the best possible solution. When they decide on what to buy they must write a small paragraph explaining their decision. This teaches them how to choose a computer system based on their needs and limited by the budget they are given

Vita, Italy

monaco_vita — 2017-03-17 15:26:02 UTC

Tiziana, Italy

tizianadieli72 — 2017-03-17 19:00:45 UTC

I teach in a primary school located within a district famous for the fish market. In January I assigned to my students the task of setting up a fish market. At first they studied the fish products and how to distinguish fresh seafood, they went to interview some fishmongers, and now they are making a search on fishing techniques and fish markets. Every week the groups believe they know everything and that they are ready to start but during an weekly simulation (eg. the teachers play the role of buyers or policeman), they find out having to deepen or even overlooked some point of view. It start again after tackling the issue.

Katarzyna, Poland

kasiw — 2017-03-17 19:31:16 UTC

Sometimes I use the following game to revise grammar or vocabulary: Ss are divided into groups and each group is said to be given $100. I write a sentence on the board that may contain a mistake. Ss make a bid and give their answer - if it's correct the money is added to their virtual account and if it is wrong, the sum is taken from them. You can imagine how strategic/ careful some of them are with their money:)

Sonia, Italy

sonia_bbn32 — 2017-03-17 19:57:19 UTC

I asked to create a digital graphic product to my students. Then I asked them to imagine they are the company that has to print the brochures and to draw up a balance sheet of the printing costs. I think I will try soon some proposed activity

Ana Pinheiro (Portugal)

aipinheiro — 2017-03-17 22:31:59 UTC

Activity for the secondary level:Propose the students to organize the "Savings Week" with the objective of the young people reflect on Financial Education.During the Week, in collaboration with external entities, to develop Seminars, Workshops, ...

Juanlusz, Spain

2017-03-18 08:25:05 UTC

An activity for adult learners of foreing languages can be having students to visit the website of two food chains in the language they are learning. They shop online and then confront the money spent in both chains and what it would cost in their hometown.

Clara Abegão, PT

claraabegao — 2017-03-18 09:34:48 UTC

In Portugal, in this school year, the Ministry of Education presented the “participatory budget of schools”, having attributed to each school an extra amount of money proportional to the number of students, and students decide want they want to do with it. Students identify what they want to improve in the place where they learn. It can be through the acquisition of goods or services necessary or convenient for the improvement of the school space, or the way in which the devices are used to improve teaching-learning processes and benefit the entire educational community. The students present proposals of how they intend to spend this money, justifying with prices and advantages of the acquisition. The proposal may not exceed the amount originally proposed. If this happens, students should tell what activities they will do to raise this extra money.
This challenge is related to economics and financial literacy and at the same time improves the quality of democracy, since, for many students, the creation of a Participatory Budget of Schools will be a first opportunity to participate in a formal process of presentation and discussion of proposals for intervention, as well as voting, with significant impacts on their training as responsible, informed and participative citizens.

My students simulate a creation of a firms and Have to do all the steps

2017-03-18 09:38:49 UTC

Sonia (Ancona-Italy)

sonia_scarcia — 2017-03-18 11:38:49 UTC

In my school we organize financial education training for school work alternating with some lessons taught by experts. For example one of the lessons is to read abstract paper bank account, to explain how the money on the current account is enlivened by operations of crediting and debiting

Valerica-Romania

dvaly2010 — 2017-03-18 13:48:28 UTC

In Romania we have prgrammes provided by Junior Achievement Romania designed for groups of ages. For my younger students, one of them is called MY FAMILY where students learn about using familiy s earning, about saving money, about the difference between wish and nececity when they want to buy but they do not have enough money to spent.

Sertan BALLI, Turkey

2017-03-18 14:44:29 UTC

We play a game in our entrepreneurship lessons for sparing budgets. We want the balloon to blow up in a certain way to determine the children's budgets. The students try to drop the cups on the table in front of them with the balloon. This task has been used sparingly by the person who uses the less air in the balloon.A good entrepreneur should do the same job more economically.

Beate, Germany

2017-03-18 16:43:16 UTC

At our school pupils are introduced to entrepreneurial thinking and financial literacy by learning how to run a small business. Year 8 usually goes skiing, so they organise the production of sweatshirts with the school logo and have to find the best marketing strategy.
For the skiing trip they also try to get some funding by producing and selling freshly baked waffles in some breaks.
Fund raising for refugee pupils was done by renting a popcorn production machine and a slush-ice machine and then selling these products to pupils for profit-making.
In one of my eTwinning projects I introduced the Lean Canvas to my pupils and they were asked to design a concept for the re-opening of the 'One-World-Shop' at school: which products, where to obtain it, which prices, any special offers etc.?

Francesco, Italy

babelemultilab — 2017-03-18 17:42:01 UTC

At the moment I am working about a project with my students which is a simulated company in which they must do their job as managers with different roles to develop thanks to a business plan a product which could be sold on the market. I think that this is a good way to stimulate in my students the entrepreneurial skills and to test their abilities to solve some simple problems related to a job task.

Elena Volpicella (Italy)

elena_volpe64 — 2017-03-18 17:46:18 UTC

In my school teachers introduce Finantial and Economic literacy by projects that consider the indipendent management of money to by products or by a classmates who manage photocopies and other purchases

Ásta, Iceland

astaola — 2017-03-18 19:09:38 UTC

How much is all you have at this moment worth (cloths-all in your pocker ect.) and how long would it take for you to work for it?

Claudia dc

2017-03-18 20:13:43 UTC

I'm teaching at students between 16-17. We are working about the organization of events and students imagine they have 1000 euros to realize their idea.

Michela, Italy

2017-03-18 23:10:25 UTC

I teach at a secondary school. Students will create a portfolio reflecting their life after their graduation, including getting a job, a place to live, a vehicle, insurance, investing and creating a budget.

Reyhan Gunes | Turkey

2017-03-19 04:34:22 UTC

I am planing the activity : Buying a car is one of the first major financial decisions that many teens and young adults face. While several considerations factor into this purchase, one of the most important is the buyer’s monthly payment, which is based on the car’s purchase price and terms of the loan. In the lesson, students will shop for a car virtually, evaluating various loan options and learning what it means to be “creditworthy.”

Pop Dina, Romania

popdinaclau — 2017-03-19 06:12:53 UTC

I teach at a primary school.

I tell students that will participate in a simulated transactions. I shareeach student cards with money, having different values. On a small table are different cards that contain drawings representing different images. Each cards have a price.Answer the following questions:a) With whom the transaction was carried out?(The transaction was carried out with money.)b) What process took place?(A process of sale – buy)c) A know and another type of transaction?             (We also know and barter.)d) How does the barter?(Barter unfolds posing the goods against goods).

Angeliki Kougiourouki, Greece

akougiou — 2017-03-19 09:32:31 UTC

Teaching the percentages, I will ask pupils to reflect on the combination of percentages and the real life during the sales. A driven question could be: "How could the percentages help us save money?" On a second time, we could plan a visit to a shop to see how the possible answers find there a solution.

Emma Giurlani Italy

2017-03-19 10:26:53 UTC

Since we very often have difficulties, (due to high costs,) to have all classmates participating in the school exchange, I could ask my students to think about how to organize activities in order to find money and to reduces costs so that all class members can participate to the school exchange with USA.

Alexandra Figueiredo, Portugal

xanafig — 2017-03-19 12:00:26 UTC

We are an Eco-school and one of the issues that we must work this year is healthy and sustainable food, so, students were challenged to make healthy, sustainable menus. The budget was limited, which led them to do a lot of research in order to find the best solution.

Simona Campanile, Italy

2017-03-19 14:11:35 UTC

The activity I suggest to my students (12 years old) is to prepare a fruit salad for all teachers. I ask everyone to buy a fruit and the occurent to do this activity. I explain that they have a budget and must to respect it to realize the activity. So they can pay attention to finances they have. Finally we attempt altogheter how much they spent to do the fruit salad.

Elisa, Italy

elisa_spina83 — 2017-03-19 14:52:54 UTC

My students are so young (6 years old )but I gave them a problem solving to solve. I told them to image to go to montain with their family and they have to manage wisely pocket money to pay holiday (budget was limited). They reflected on their own finances, besides they understand the importance to keep money, infact few of them decide to save it just in case they need it.
In addition they learn how to count money and recognize his value.

Stefania, Italy

2017-03-19 16:04:19 UTC

My students (15-18 years old) could reflect on what money management requires during a school trip (managing their budget).

David

david_galiana — 2017-03-19 18:37:24 UTC

Students could make a plan for getting money for their end-course trip. They'd need to think about what they want to do, where they want to go, how much money they will need and how they will get all the money.

viki doga, greece

2017-03-19 19:24:23 UTC

plan your next travel

Erika-Italy

nickregata — 2017-03-19 19:30:12 UTC

Last year our school organized a a musical show with the aim of raising founds for two distant adoptions, in which our school was involved in. Students were asked to raise one euro each in order to buy material for the scenography. Kids divided themseing. lves in different groups and each group had different jobs, such as buyihg material, selling tickets and raising money for the whole show that I had the responsability of mana

Lotte, Denmark

tingsager68 — 2017-03-19 20:12:20 UTC

My students have just last week had lessons in budget planning and financial literacy. They reflected on their lives 5 years from now. Perhaps they didn't live at home but by them selves in a small apartment.

Aurora-Italy

aurorpagano — 2017-03-19 20:22:35 UTC

I am teacher in primary school and my students have eight years old. They can reflect on how to manage their budget during a school trip.

Ida B., Italy

2017-03-19 20:30:51 UTC

Planning a Holiday: 1)choose a Holiday on a catalogue (price, etc.); 2) plan how to realistically raise money (summer jobs, etc. and how much they expect to earn: look up real ads); 3) revise Holiday according to the realistic budget (alternative, buying flights and hotel on the internet, etc.); 4) make a plan with deadlines leaving speace for revision/implementation

Filomena Bianco, Italy

2017-03-19 22:14:29 UTC

My students are going to leave for a five-day school trip in another Italian region next month. They can figure out the budget for it.

Juan Diego_ Spain

2017-03-20 12:49:24 UTC

Project budgeting
After watching the video. make a budget ( income - expenses) of this young entrepreneurial initiative. Present the results to the whole class. Work in groups of 4-5 students.

Nidia, Spain

2017-03-20 13:57:11 UTC

Underground and sport facilities are being changed. Year 4 students could ask for a budget and work social and mathematical competences.

Sónia Fonseca, Portugal

2017-03-20 14:26:17 UTC

My 6-year old students are not used to dealing with money but some are encouraged by their parents to do some chores in order to earn some money. In the classroom we often talk about the best way to spend their "hard-earned" money. Older students from other classes have lectures about this issue and they seem to be very effective.

Maria Daniela, Italy

mariadaniela_renna — 2017-03-20 14:59:01 UTC

I'd ask to reflect on this sentence of Nobel Prize, Muhammad Yunus: "One day our grandchildren will go to museum to see what poverty was like".

Desoina Founta Greece

2017-03-20 15:26:08 UTC

I am a sports teacher in primary education,
1. I will separate my students into groups.
2.each group would give a virtual amount of money.
3. I would ask my students to record what sports material they would like to add to the existing
4.they have to do market research
5.and finally they have to suggest what you should buy.

Violeta Korkucyte, the UK

violeta7519 — 2017-03-20 15:44:38 UTC

I am an early years teacher. The lesson plan for the activity 'School's garden project':
1) Encourage children to think what they can make and sell to earn money, e.g. jewellery out of coloured bead and pasta, cards, their paintings, made sandwiches/fruit kebabs. (earning money)
2) Organise a table-top sale to sell the products made by pupils (earning and saving money)
3) Children visit a garden centre to buy seeds, bulbs, herbs and plants for the school's garden (spending money)
Pupils will be asked questions: how much money have we raised? What do we need to buy? How much money do we need to buy the things necessary for the garden? Do we have enough money? If not, how can we raise more money?

Adriana Lefter, Romania

lefteradriana — 2017-03-20 16:28:25 UTC

I develop with my students an long activity called Financial Educations , that we must develop many activities related with money. We learn about where are made the money, how we can keep them in acount in bank, how we can spend less.
An exemple of this kind of activity is in a cold day last winter we prepare hot tea and my students sell it in the scholl hall. With the money they get , we buy useful material for class: white bordmarker, paper.

Veronica, Italy

2017-03-20 18:45:58 UTC

My students are training to become bartenders, cooks, waiters; they study how to start a new job activity and to manage their money in order to set it out

BrunoFerreira20

2017-03-20 19:24:48 UTC

How can earn/save money to finance our final study travel? What resources will we need? Do we have it? Where can we find them? Can we ask for help?

Adina Marcu,Romania

adinamarcu9 — 2017-03-20 19:31:39 UTC

I have a dancer team,where 6 girls from my class work as volunteer with 6 girls with special needs.We have many contests and always we have problems with money for buying our costumes .So,the lesson plan for the activity will be,,A way to making money for our friends with special needs,to become champions again."

Carla Asquini, Italy

2017-03-20 20:18:38 UTC

To introduce the topic it could be interesting to draw the attention of the students to the value of money. It would be nice to work on provocative communication, asking them to reflect on how they could buy useful things by saving the money they spend for cigarettes or other vicies...

Design the writings on T-shirt to be used during a school trip.

2017-03-21 05:49:21 UTC

Choose the T-shirt (expensive/cheap) choose the design (some colors are more expensive then others)
Contact shops for a quotation of the job.
Discuss and Decide and Act

Giuliana, Italy

2017-03-21 09:43:39 UTC

IT seems that money is a complex issue in our society, so I would begin with inviting my students to think about the deep meaning of money in their opinion. Then I would elicit a saving plan for goods or activities they think eligible. There's much more to do in this field but I think I'll definitely start with these steps.

Jose Ortiz Rozo- Colombia. Financial Education

2017-03-21 13:49:07 UTC

For students financial management becomes an ability for projects, this allows them to organize and use resources appropriately.

Maria Vasilopoulou, Greece

mbasilopoulou — 2017-03-21 17:35:02 UTC

An authentic activity for my students could be to suggest ways to use/invest the money they earned from the school bazaar so that school can benefit from the earnings. This does not necessarily have to relate to buying stuff for the school. Focus could be on charity for organised institutions , or support of financially weaker families of our local community.

Daniele - Italy

danvir — 2017-03-21 20:29:09 UTC

I teach in an upper secondary school (vocational for touristic services). I've read a lot of interesting lessons from colleagues, so I will present the best ideas I have thought and read below.
- A nice idea could be dividing the class in many groups and giving to each group an amount of money. Then the teacher will make some questions related to his subjects. Each group could bet some money: if the answer given is correct they earn the corrispont amount, but if it wrong they lost it.
- Elder students could organize a real event for the school (e.g. carnival party): using real money and planning all with or without the supervision of the teachers.
- Younger students can be asked about what their family has bought this week and they can divide the things in useless, not necessary and necessary.
- Another activity can be giving to each student some money and he/she has to plan a purchase (maybe a car) or an entire holiday for example (how to go there, where to sleep and to eat etc.)

maria georgiadou

2017-03-21 20:37:31 UTC

if we manage to control our wants ans our needs, that s for sure a good lesson!

Emilia/Romania

2017-03-21 20:39:51 UTC

For my 5 graders I could plan a lesson on the topic : your daily expenditures vs. family budget.They will learn here how to manage their family budget, what it is important in a family monthly budget.They will be more aware of the value , of the quantity/quality

Clara Elizabeth Báez -Reggio Calabria - Italy

2017-03-21 22:03:58 UTC

I teach in a technician institute, we have a financial section . My students age of this activities were 16 years old. Enclose please find an activiy in spanish done at school with my class

Teresa (Italy)

teresacasa — 2017-03-21 22:36:26 UTC

As well as other colleagues, I teach French in a hotel management school, and so this is part of the school curriculum. Any way, as I teach French L2, I could propose to my students to find solutions for furnishing their restaurant as well as possible without spending excessive amounts of money and even in an original, creative and alternative way!

Fausto Finocchiaro, Catania

2017-03-22 16:03:28 UTC

Germana, Portugal

germanaeiriz — 2017-03-22 16:07:54 UTC

I had a smoker pupils and i sugest them to put the money they spent on cigaretts into a bottle of plastic water, every time they bouhgt a pack of cigaretts.
When the bottle were full, they bringed it to the classroom and he/she counted the money with the peers. The money they had could be the double...

Iuliana, Romania

iulyanaivan — 2017-03-22 20:15:30 UTC

A lesson activity for 9 years old children :
Role play: at the market,
trade exchange.

Mario, Italy

2017-03-22 21:56:05 UTC

I nice challenge for secondary school students could be: give each of your students a fixed amount of money and tell them they can organize a vacation, wherever they want, with that amount of money!

Kaire Hakk, Estonia

2017-03-23 11:45:16 UTC

1) give 3 euros for promary students and send them to buy food: something healthy, some sweet and something to drink) . They should spend exactly 3 euros and no less or more. The task is more difficult you can imagine!
2) a very good task is to write down daily expenditures and incomes. The time period can vary but it gives a very good view of spending or saving money in a real life.

Wilson Canelo/Colombia

2017-03-23 15:14:39 UTC

I suggest a lesson related to the concept of energy in Physics: "What happens to the money on your pocket money when You buy a cup of coffe, buy Euros, pay for a debt, receives a money because a person wanted to pay to you, ..." Pupils must realize what is happening to quantity of money they had in principle and how it is transformed. It is never lost!

Maria Sourgiadaki, Greece

2017-03-23 17:53:59 UTC

I ask my students (16+): You continue your studies in an other city and your parents can give you only 500 euros/ month. Make your monthly budget.

Slavica, Macedonia

teacher_slavica — 2017-03-24 14:16:14 UTC

Financial literacy is closely connected with environmental issues, saving water, electricity etc. A nice way is to encourage students to think and calculate how much money they can save if they do not close the taps while washing their teeth, or turn off lights, their computer etc when not using. Then they can write what can they do with the spared money.

Carina, Sweden

carina_hafren — 2017-03-24 15:30:40 UTC

Every student have to go home and find out:
"How much do you cost?"
We make a sheet together, because I want them to find out every cost their parent/parents have. Food, electricity, schampoo and so on. Why? I want them to find out what things cost.
After that they look at their costs and have a reflection about them. What can you save, is your life a sustainable life and so on.
Then they do a budget.

After that we would like to compare with other students in other countries - anybody interested?

Elena, Greece

l_1_doug32_ed — 2017-03-24 18:14:55 UTC

We do something similar in the vocational highschool. Suppose that our students graduated and have an electrical installation to do, they must prepare an offer for the customer to get the job. So, they must learn the costs of the materials (research through internet shops), count labor costs (profit, taxes, social security stamps) and calculate working time to achieve the deadline. It is kind of working conditions simulation.

Maria, Italy

marinellagrassi3 — 2017-03-24 20:56:37 UTC

I did a similar activity with my students in a real context where they had to organize their holiday in a foreign country....but they didn't have a financial budget or a pocket money to manage....I'll do it again and follow these instructions.

Antonella (Italy)

anto_gioitta — 2017-03-25 19:40:19 UTC

I teach in a vocational school for financial services. I would divide the students in different groups and give each group a different amount of money. The students are asked to organize their Easter vacation (5 days). They can do researches and plan their activities. Each group should write down a detailed list. Each group should be well aware about the importance of earning and saving money. At the end of the activity each group analyses and discusses their budget

I would first introduce the lesson with a brainstorming activity maybe reading and discussing articles about economics and finance related to the value of money and everyday life activities.

Maiia, Ukraine

s_maya — 2017-03-25 20:30:52 UTC

I teach languages at a Secondary School, so, my subjects are not closely connected with finance, but I think, my students could estimate the number of pens they need for a school year or make up their budget plan for a school year to practice the vocabulary of a topic or so.

Arabela, Romania

2017-03-26 09:54:13 UTC

I teach math, so i resolve problems with procents, with money and anothers things related with finances.

Fina , Catalonia

fvendrel — 2017-03-26 13:05:52 UTC

My students in Grade 5 are making products after a deep market study. They will be sent in a market stall , but before they have to count well how much money they have, they need to produce and the prices they will sell their products on the market. then, they have to calculate the benefits they will get in case they sell all the products. They have to be aware of the expenses , the amount of money they gave just at the beginning and calculate also the amount of money they want to give to a NGO.
Good and practical experience!

Alcira MF, Germany

amulf — 2017-03-26 15:26:05 UTC

I teach languages so financial and economic literacy is not a direct part of my subject, but I think it can be treated as a cross-curricular area. My students could read a text about budget management (for example, about the management of pocket money by young people) and then work the vocabulary related to financial literacy. It would be also a stimulus to speak about this theme in the classroom, what they buy, what they really need to buy, etc. and to make them reflect on their own financial life.

Irène - Belgium

irene_indemans1 — 2017-03-26 16:12:45 UTC

I taught modern foreign languages. When studying the theme 'shopping', we integrate a small financial project in group work. Students were allocated a certain sum of money and a shopping list. They had to observe and compare prices on advertising leaflets of supermarkets and give suggestions about where to buy which products, taking discounts and transport to the supermarkets into account.

Donata

donata_sartor — 2017-03-26 16:56:27 UTC

I'm a teacher in a school that runs a school farm whose budget has to be balanced. We are trying to make students understand the budget management and be aware of the budget complexity.

Irma, Italy

2017-03-26 21:42:20 UTC

My pupils are still too small to understand economics and finance classes, but I can propose simple activities involving their small savings and the ability to increase its value

Montserrat Padrón, Spain

2017-03-27 20:06:41 UTC

My students have to develop a business plan, so they are required to make a whole financial plan. We use a free tool that helps them to confectionate the financial plan and test the economic viability of their planned business in an easy way and with minimum financial literacy. You can download it the following link, although it is in spanish Viable

Sal, Italy

2017-03-27 21:40:18 UTC

Teaching at secondary school, I can suggest an activity to help student to understand the value of a balance sheet.

Atanasija,Croatia

2017-03-27 21:41:04 UTC

My pupils are ten years old so they can build a plan how to save more by bying less sweets.

Cristina S, Portugal.

2017-03-27 22:15:07 UTC

There is a challenge within Youthstart Entrepreneurial Challenges Project where children (8-10) are invited to calculate a few prices.
How much is a product or service? To provide a practical example, students will be asked to write down what they can buy with 4 Euro. They will also estimate and check the prices of various products. Finally, they will assess their performance in pairs.

andrea,italy

andrea_avantaggiato1 — 2017-03-28 07:12:38 UTC

Stavroula Vakana, Cyprus

2017-03-28 09:31:02 UTC

The children of each primary class are in charge of spending the money they raised from having a fair on things for their classroom. Money is limited and impressive things are expensive so they have to make choices giving reasons for them so as to convince their classmates to vote for their choices

Antigoni Komodiki Cyprus Primary school students could point a problem in their school and suggest ways of solving or improving it. Also, they can suggest ways when having an amount of money. The activity could extent in suggesting ways of finding money during school time or during their free time at home, so as they can act on it.

komodikiantigoni — 2017-03-28 17:00:24 UTC

Cristina Italy

2017-03-30 09:22:45 UTC

Sometimes I try to add economic notions in my students but they misunderstand economics and finance classes even if simple tasks like those we use in the secondary school with 11-14 aged pupils.

Maria Amalia Vergoula, Greece

maria_amaliav — 2017-04-02 14:55:07 UTC

I teach in secondary education.One activity we have used together is that of students co-financing a project (as in our leadership club in order to make cups and sell them for a good cause). In this case they see budgeting, material costs and calculate revenues. In the class we also talk about needs and forming a basic plan for our spending and saving.

Mafalda Lapa, Portugal

mafalda_lapa — 2017-04-02 15:59:15 UTC

In Portugal we have JA Portugal that has a number of very interesting activities in economy and finances and others. They send volunteers to the schools from enterprises with a very interesting programe and games. http://www.japortugal.org/educacao/ensino-basico/904-economia-para-o-sucesso.html

Sevasti Milona, Greece

sev_asti — 2017-04-02 17:51:45 UTC

My students are just 7 years and things we can do are limited to games shops: markets change etc.However, surely now I add funds management activities and creating plans.

Jeane de Fatima, Rio de Janeiro - Brasil

2017-04-03 17:57:37 UTC

Tips for Teaching Finance for Children and Teens
Contrary to many parents' beliefs, it is not necessary to wait for the child to learn mathematics so that he can begin to learn about finances. The most important lessons can be taught even before literacy. Check out some tips:

Set an example

Nothing is more important than your example so that your child learns to have a good relationship with money from an early age. If you do not have financial control, you waste your life above the salary you receive and you are always counting the cents to get the bills up, your child will understand this as normal behavior. And you want him to have a more peaceful future than you, right?

Offer the initial feature

Children and adolescents can not learn to manage their own money if they do not receive fixed amounts for it, just as in the future they will receive their wages. It is up to you to compensate your child with the initial recourse, through weekends and allowances, preferably as soon as he starts attending school. Of course, plan the values to increase them over time and encourage them to seek other forms of revenue as you mature. Starting an activity as a young apprentice during high school is an example.

Teach to invest

When paying your child's allowance, it is important to also teach him to set aside some of this money each month by investing it in some way that shows the potential for multiplication of his still small capital. As much as saving is not the most attractive investment at the moment, opening one on behalf of your child will teach you how to deposit your savings often, as well as track the income it has over time.

Value the importance of work

In addition to teaching about the importance of investments and passive income concepts, it is crucial that you show your child that work is the way to build your own capital. He needs to understand early on that studying and developing different skills is critical to determining the salary he will have in the future - and how this salary should be used in a healthy way.

Involve the expenses

It is difficult for a child to understand why their parents say so many "no" when they want to gain something new. The most efficient way of teaching you about the value of money and the priorities within a budget is to involve you in the expenses of home. Begin by taking him or her along to grocery shopping and, as he grows up, show in more detail what the monthly expenses are within the family budget.

Stimulate planning

Does your child really want a particular toy when he or she is a child? As a teenager you insist on the possibility of an exchange? These are the best times to teach about the importance of planning! At these times, do not say yes or deny at once: show the ways to save money and to raise the money needed to carry out the plan - even if you have to contribute much of the resources.

The Importance of Financial Education in Parenting

All parents want the best for their children, which often leads them to make the wrong choices when it comes to financial education. Allowing your child to have everything you want, without giving up any benefit or having to save money for it, will possibly lead you into a future of financial ruin.

Maria Mascolo, Italy

marilia_mascolo — 2017-04-05 18:31:24 UTC

I teach Art in a middle school, this year I experimented an economical activity with my little students: they have made, for school Christmas market, little objects using mainly recycled materials. They moreover have had the assignment to decide the prize of the single object reasoning on multiple factors:

the nedd of recover the money spent to buy materials;
the demand of the products;
the buyers that were kids as them, with few money.

20febraio — 2017-04-08 08:03:22 UTC

My students (15-16years old) could reflect on what money management requires during a school trip (managing their budget).

Adriana Laze Albania

adrianalaze — 2017-04-18 20:47:48 UTC

Nice information.

Danny Gore

2020-03-11 19:13:24 UTC

2021-02-10 07:37:59 UTC

nd many of them would like to continue and take a degree in a famous cooking school in Norhern Italy. I asked them to write down the ways of making money ( summer jobs in restaurants or baby sitting) and I suggested them to open an account to keep their money safe and not to spend it immediately. Also as a homework I asked them to visit different banks and the post office to compare their different proposals and find out which is the most convenient. They enjoyed this activity and they felt really responsible about their future and how to build it with their own energies. more_vert Marianthi Arvanitidou-Greece Marianthi Arvanitidou-Greece With college tuition and fees increasing every year, the ability to make sound financial decisions is just as important as doing well in your classes. Smart financial

Bella Joha, Greece

bellajoha80 — 2026-05-09 03:38:23 UTC

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