Description

Raising Financially Savvy children involves teaching them a variety of financial aspects. Besides giving them an understanding of the value of the Rand, teaching children about fiscal responsibility, helps prepare them for life in the real world. Financial Literacy is a vital life skill that is never too early to teach.

We have put together foundational financial literacy concepts, that are easily understandable for kids aged 7-10 years old. These lessons are designed for parents to work with their kids in understanding these foundational concepts of finance. We have designed content, activities, discussion points, and testing mechanisms in a systematic manner to provide a solid foundation in financial literacy for your child.

Topics Covered:

1. What is the economy?
2. Needs vs Wants
3. Producers and Consumers
4. Good and Services
5. Supply and Demand
6. Earning Money
7. Developing Healthy Spending Behavior
8.  Budget
9.  Saving
10. Giving
11.  Banking
12. Accounts
13. Compound Interest

Including

Notes

Activities

Discussion Points

Printable Worksheets

And additional resources