GUIDE BOOK OF FINANCIAL LITERACY




In proper terms, financial literacy is defined as the ability or skill where one knows how

to manage and save their finances well. Everyone needs to be well educated and

knowledgeable about financial literacy as it is really very important and is directly or indirectly

linked with everything. A person not having sufficient info about financial literacy is known as

financial illiterate. And honestly, nobody ever wants to be referred to as a financial illiterate.

And just to make every individual aware of financial literacy, plans, and learning curriculum have

been introduced so that kids can learn about it from the very beginning itself which would help

them to store all the sufficient knowledge about it as they grow up.  


There are a lot of things that fall under the category of financial literacy, which actually help up

people to practice and learn finance management. Though from all of them some of the best

choices to run as financial literacy lessons for children are - 

  1. Activities for financial literacy

  2. Fun financial literacy games for kids

  3. Courses for financial literacy 

  1. ACTIVITIES FOR FINANCIAL LITERACY

Financial literacy activities play a major role as a financial literacy guide for kids.

These activities help the tutors to attach strings to their course session henceforth

making it worthwhile for kids. Well, here are some of the activities you can ask your kids to participate in -

  • Show them budgeting with plastic cups and dried beans.
  • Create a lemonade stand and ask kids to shop wisely.
  • Make craftwork related to finances like decorating the piggy banks,drawing about things they want, and more activities like this. 

2.  FUN FINANCIAL LITERACY FOR KIDS 

The market is flooded with dozens of games to educate kids about money management.

Some games come in the form of playing cards, board games, and online games. Though

honestly some of them are actually enjoyable.

And here’s a couple of games you can put up next to play -

Puerto Rico - The aim of this game is to collect and gather as many as assets one can before

the island goes out of workers and capital. This game is meant for kids from the age group 12

and above.

Millionaire Maker Board Game - This game is based on dealing with real-life situations and

overcoming them wisely, which will guide you in the direction of being a millionaire. This game

comes with the instruction manual of playing direction from kids starting from the age of 10

and more. 


3. COURSES FOR FINANCIAL LITERACY

There are a lot of innovative and interactive financial literacy lessons for children

produced. These courses are available in the institutions and schools as well. Some of these

learning lectures include just textbook knowledge whereas some of them include activities

and games as well. 

And in some classes, you too get a certificate as well about it. 


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