Financial literacy tools reach teachers

Friday, April 11th 2014, 9:37AM 1 Comment

A new suite of tools and resources has been developed to help teach financial literacy in the classroom.

The FCP toolkit (Financial Capability Progressions toolkit) has been launched to all schools after the Ministry of Education and the Commission identified a need to support schools and teachers with integrating financial capability across the school curriculum at all levels.

Retirement Commissioner Diane Maxwell said “Financial literacy is an essential life skill and embedding it in the school curriculum makes absolute sense.”

The suite of materials is designed to help educators teach financial literacy across a range of learning areas. Aligned to curriculum levels 1-8, the toolkit will take students through all levels of financial literacy – from money basics, such as recognising coins and notes, to more complex financial knowledge, such as calculating exchange rates against New Zealand’s currency.

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Comments from our readers

On 17 April 2014 at 1:42 pm Andy said:

While there are fools and entrepreneurs, there will always be financial inequity. Everyone knows that hire purchase is expensive, yet it still prevails. As the saying goes - a fool and his money are soon parted: How on earth did they get together in the first place? The best that we can do is help mop up the mess and put them back on the right track...

As for kids - rather than just teaching them about success - we should also educate them about what failure looks like, and how to avoid it.

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