Tag Archives: Education

February 21, 2017

What Mardi Gras Can Teach Students About Finance

Mardi Gras, also known as Shrove Tuesday or more commonly Fat Tuesday, is a carnival celebration associated with eating rich and fatty foods. This time of gluttony and celebration presents the perfect opportunity for students to reflect on spending and splurges in their own financial lives. Here’s some tips for students to celebrate on a budget and focus on financial responsibility after the parades have ended, beads have been thrown and one lucky partygoer has found the baby in the king cake. Read more

February 13, 2017

How to Keep Financial New Year’s Resolutions

One month into the New Year, more than half of the students who toasted to a yearlong goal on January 1 have given up on their resolution. In fact, just 8% of people keep their New Year’s Resolutions. Last month on the blog we shared A Financial Literacy Fresh Start offering tips to share with students to start the New Year financially fit. As we move through February, here are common resolutions to pick back up as you help your students reaffirm their commitment to financial literacy and smart budgeting for the remainder of the year. Read more

December 12, 2016

Building a Winter Break Budget

For high school and college students, the holiday season brings exams, followed by a long, leisurely break from classes. While time away from schoolwork and a chance to spend more time with family, friends and a cup of hot chocolate is a welcome change for most students, from a budget perspective winter break can put a strain on the wallet. With gift-giving and cold-weather activities, many people spend more than they are used to in December. Read more

October 18, 2016

Financial Literacy Midterms

October is not just the time for apple picking, hanging cobwebs and stocking up for Halloween; it’s also the time to reflect on the lessons you have taught your students in the first few units of the school year, determine the skills and lessons they have mastered thus far and identify the areas that need extra time and attention. We have compiled tips and lesson plan ideas to prepare your students for midterms on financial literacy or other subjects and track against your goals for the months ahead.

Lesson Plans in Jeopardy

A great way to assess your students’ progress in an engaging way before midterms is with a classroom-wide review game. This free tool allows teachers to create their own fully-customizable Jeopardy-style game and provides support for determining categories, keeping score and suggestions for the final question. You can also incentivize studying in advance of the review game day by offering prizes to the winners (i.e. extra credit or pre-Halloween candy).

Two Heads Are Better Than One

By having your students review for midterm assessments together in pairs, you will have the opportunity to move throughout the classroom, provide individualized instruction and spend extra time addressing concepts that are foundational for lessons that will be taught later in the school year. You can even intentionally partner the strongest students in the classroom with those that have struggled with certain material. The teaching and learning between students will encourage conversation and make for a more engaged and inclusive classroom environment in the months ahead.

Put to the Test

Quizzes and written tests aren’t the only way to assess your students’ knowledge and in some cases they aren’t even ideal. For your midterm assessments on financial literacy, consider foregoing a test and asking students to present a real-life budget, or assign a creative project encouraging your students to film a video, perform a skit or write a poem that demonstrates financial literacy concepts. You’ll be surprised at what your students come up with!

If you want more tips for planning financial literacy lessons, be sure to check back every month on the Pathway to Financial Success blog.

September 16, 2016

Financial Literacy Lesson Plans for the Upcoming School Year

September doesn’t just mean welcoming new students to the classroom; it is also time to finalize lesson plans for the year ahead. Below are a few tips to keep in mind when building financial literacy lesson plans for your students this school year.

Start with the Fundamentals

By making assumptions about students’ mastery of financial literacy concepts, even for those farther along in their school careers, you run the risk of leaving some students behind. When planning, it is important to begin with the fundamentals of personal finance. By asking simple, conceptual questions like ‘what is currency?’ or ‘what does it mean to be financially literate?’ you can create an inclusive environment for students at all levels of mastery of the content, as well as establish a framework from which to work in the year ahead.

Meet Students Where They Are

To begin – it is important to first assess what your students already know, any misconceptions they may have and the areas in which they feel most confident. Many students began financial literacy education late, or have never had a formal lesson at all. By assessing the classroom during the first days and weeks of the school year, you can modify and optimize your lessons to have the greatest impact on the students you will be working with every day for the next nine months.

Gather Resources

Successful lessons engage students using a variety of media. Before school is back in session, gather videos, quizzes, lesson plans and real-life case studies that illustrate best practices in money management, budgeting, and financial planning.

Assessment and Key Learnings

Financial literacy lessons like all subjects, particularly those based in mathematical concepts, build on each other. When planning lessons it is important to build in ample time for review and frequent assessments, be it short quizzes, end-of-unit tests or presentations and group projects. At the end of each lesson, return to the fundamentals you began with. This will show how the concepts build throughout the year.

The Resources for Teachers tab on the Pathway to Financial Success website will help you bring crucial financial education knowledge to your class room.

August 23, 2016

Financial Bucket List: End-of-Summer Edition

Summer is flying by and before we know it we will be getting ready for back-to-school season.

If you’re a teacher, however, chances are you’ve been keeping busy and using your vacation as an opportunity to supplement your income and prepare for the year ahead. Just in case, here are a few reminders of things to check off of your end-of-summer bucket list by the time school starts. Read more

August 10, 2016

Education Trends for the 2016 – 2017 School Year

As the summer comes to a close and the classroom is right around the corner, it’s a perfect time to share the trends and technologies that will be impacting teachers in classrooms across the country this year. The technologies of tomorrow are more accessible than ever, and this year they will be more integrated into the classroom experience than ever before.  Read more

May 10, 2016

Financial Education Matters

If you were an Economics teacher in the 1990’s, things looked a lot different in the financial education world.   There were only 1 or 2 standards tied to Financial Literacy.  No textbook contained any helpful information and there was very little supplemental or online material.  Most teachers might not have really focused on it, as it was not emphasized.  And those that did understand the importance had very little to choose from, most had to create their own materials. Read more

April 19, 2016

Spotlight on Financial Literacy Month Champions

April is Financial Literacy Month, a month dedicated to celebrating financial literacy as well as raising awareness of the increasing need for financial education. The Pathway team would like to spotlight some of the groundbreaking initiatives working to address the need for progress and improvement in regards to financial education, and check back in with some that we spotlighted last year, to see what new initiatives they have for 2016. Read more

August 1, 2013

FREE Financial Education Lesson Plans for Your Classroom

“Wow, I love your shirt,” I recently overheard my younger sister telling a friend.

“Thanks,” the friend replied, sharing that she purchased the shirt at a local boutique.

“I love their clothes, but they’re so expensive,” my sister commented. (And she’s right—they were expensive when I was her age, too!)

“Girl, that’s why you need to get one of these!” the friend said proudly, whipping out a shiny store credit card.

Read more