Playful Economics for Kids
Does your 5 year old know how to allocate his or her allowance? Does your 10 year old know how to write and record a check? Does your teenager understand how to make good financial decisions about large purchases like a laptop?
Is there a particular age when a child should start learning financial responsibility? It’s never too early to start teaching kids fundamentals about personal finance and real world economics, according to the Council for Economic Education (CEE) -- in fact, if they can count, they can learn!
Education is so important – and it begins with parents and peers who have the biggest influences on children and young people. School is also a great place for kids to gain financial knowledge. Kids NEED to know how finances work in order to compete in our global economy as adults.
“Playful Economics” and “Financial Fitness for Life” are two great teacher training resources put out by the CEE that have made it easy to integrate financial literacy into the daily work of the classroom to close the knowledge gap.
The books are geared towards certain age ranges / grades, and tackle topics such as: Learning about Credit Cards, College Debt, Bank Accounts, and How to Save for later. Worksheets are included so parents can reinforce the information and work together with their children.
Did you know……?
• There is no state requirement to include financial literacy in the curriculum, so it can be challenging for this important subject to get the place in the classroom that it deserves
• Only 14 states require that a course be offered
• Only 5 states offer courses that actually test the student
• Parents can help ensure a place for financial literacy in their child’s classroom by working with their school districts and their state’s local Council of Education
The Council for Economic Education (CEE) is the leading organization in the U.S. that focuses on the economic and financial education of students from K-12, training educators to teach young people the fourth “R”—a real-world understanding of economics and personal finance —so they’ll be able to make informed and responsible decisions throughout their lives as consumers, savers, investors, citizens and participants in the global economy.
Teachers are trained through professional development workshops, online modules and conferences which teach them how to effectively use CEE resources in the classroom to improve student learning.
For more information on the books or the Council for Economic Education, please visit the website