Lesson 1: What is financial literacy?

Lesson 1: What is financial literacy?

Opening Statements: During this lesson I want you to consider what you already know about financial literacy. Prior to completing the assigned reading and video, write down your initial thoughts. Do you consider yourself financially literate? Did you when you were a high school student? Do you believe that it is beneficial for high school students to be exposed to money management techniques? The article discusses a study done on financial literacy of high school students and the relationship between them, social equality, and higher income.

Reading: THE IMPACT OF FINANCIAL EDUCATION ON FINANCIAL LITERACY AND SPENDING HABITS

Video: Beyond the Classroom Walls (Financial Literacy) https://youtu.be/k6GAv-VDjfk

DO: Read the article and watch the video. Make note of all things that resonate with you. Prepare for a discussion with your peers.

Discussion: What does financial literacy mean to you? Why is it important for young adults to be literate in finances? Expand on your ideas. Respond to two peers & to all those that respond to you.

Unit 1 Lesson 1 Discussion Thread

Return to: Financial Literacy in the High School Classroom Mini-Course