Financial literacy is the foundation of your relationship with money, and it is a lifelong journey that changes as you, your needs, and your finances change. It consists of three components: financial knowledge, skill, and the confidence to apply them.
The earlier you start to teach children about financial literacy, the better equipped and confident they will be in managing their money. When worked together, these three elements (knowledge + skills + confidence) help develop a financially responsible and skillful adult.
This module, Financial Literacy for Families will provide you with fun ways to introduce financial literacy to your children in ways that will not only help them become familiar and comfortable with the concepts, but will also create fun and lasting memories for the whole family.
Module Objectives
By completing this e-learning course, you will:
Gain an understanding of what financial literacy is.
Discover why family meetings are an effective way of introducing financial concepts to children.
Learn how to begin and conduct family meetings.
Explore in detail six activities or discussion points to learn about important financial literacy concepts including planning, budgeting, smart spending, saving, investing, borrowing and keeping money safe.
Navigational video
Watch the video below.
Disclaimer:
*This e-learning module is meant to be an educational and general interest program and is NOT intended to replace professional, financial, therapy, counselling, or advice. You should not depend on the information in this e-learning module and its associated forums, discussion groups, and services for financial, medical, psychological, or legal decisions. Please consult a financial expert for financial advice or mental health professional for advice or treatment regarding any mental health concerns. Neither Peel Family Education Centre nor any of our partners or affiliates are liable to anyone for any act or omission taken in reliance upon any information provided in this e-learning course.
Are you ready to learn about financial literacy and make it into a fun family experience? Click on the first topic below.