Teaching Money Skills With Accessible Online Resources
- Sheldon Gomes
- May 7, 2023
- 3 min read
From the Piggy-Bank & Beyond
Money makes the world go round and teaching students financial literacy pays off in the long run! Educating students on making wise financial decisions does indeed pay dividends. Give your students the knowledge that may provide them with personal financial wellbeing using the following online resources that promote financial literacy.
Online Resources for Grades K-5
Are your students in the process of loosing their baby teeth? This site allows students to calculate and track the Tooth Fairy’s finances and discern how much money will be left under their pillow.
This site allows students to learn by building their own classroom “country economy.” Students earn school money in order to rent their own desks and other various financial scenarios they may face in the world outside of the school system. Here, they witness how their choices impact the economy.
This module based learning site provides students with information regarding where their money comes from, how they can best use their money and how banks keep it secure.
Using an interactive game, Peter Pig teaches kids how to count and save money in a fun and engaging way. On completion of the game, players make their way to the virtual store where they can buy accessories to customize Peter Pig!
Counting with Coins teaches kids basic math concepts and coin identification. Here, students learn how to count with coins in a relatable grocery store setting.
This teaching tool combines the skills of reading, writing and financial literacy. Through fun and engaging means, their monthly magazine brings financial education to fourth, fifth and sixth graders!
This entertaining online game strengthens counting skills by having kids add the necessary coins to match the total before shooting the fruit! Just a heads up, this site tends to glitch a lot so please make sure to check if it works on your computer before using it with students!
A financially intelligent koala is a host of this interactive online game. Here, students learn the basics of managing money and budgeting.
Online Resources for Grades 6-12
The credit card giant, Visa, and the National Football League have joined forces to create Financial Football. This interactive game allows students to answer finance questions in order to score points. Additionally, teachers can incorporate lesson plans into the game. If you or your students don’t like American Football, feel free to check out Financial Soccer (European Football).
Prom can be an expensive endeavour, costing hundreds of dollars for the various items and activities. The credit card giant, Visa, developed a free application that helps both parents and teens budget for the various prom-related expenses.
Designed for middle school teachers by the United States Department of the Treasury, Money Math features downloadable lessons on a variety of financial topics including budgeting, taxes, and more.
Everyone eats, the question is how much are you spending on lunch? Your students will be surprised to find out how much money they can save with some simple, easy to implement cost cutting tips. Use this site to calculate your spending and learn how to save money!
Financial futures are confusing, this application allows students to explore various careers. Once they explore, they can answer a series of questions and finally, students are given a Return on Investment score between 1-5. The number highlights whether they can easily pay off their debt with their future income.
This interactive digital platform offers teachers and students real world money management skills through the use of engaging game-based lessons.
The stock market is a volatile and confusing place. The Stock Market Game allows students to play the market without the fear of losing all their money. This tool allows students to practice their mathematical skills in real-world situations along with building an understanding in investing and financial literacy.
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