Star Staff Reports
·One lesson focused on why you need money – and what are things you want to buy versus things you need to buy.
·In the next lesson they discussed savings and payment options, such as ways the children could earn and save money (allowance, chores, etc.) and how to document their savings in a savings register. They were given a pretend check and taught how to fill it out properly. This helped the kids understand how to save for things they want to buy as well as what they’ll need to buy when they are adults (housing, clothing, groceries, etc.)
·In the last lesson the children put their math skills to the test by learning how to properly record deposits and withdrawals from their pretend account. The importance of having funds in your account to purchase the things you need was also discussed. At end of the third lesson, each child was presented with a piggy bank and a certificate of completion. There were also cupcakes and chocolate gold coins. Future sessions are planned.
Pictured are the students who participated with their piggy banks and certificates. In the center of the front row is Taylor Hayes, our VP of Business Development.
“We’re really appreciate the opportunity to work with the students at Drummonds Elementary and are very proud of Taylor’s efforts with them.” said Delynn Byars, Senior VP of Marketing. “We applaud Heather Crowson, the Assistant Principal for recognizing the importance of starting these children down the path to financial literacy.”