Hey All,
I am a student teacher getting ready to finish up teachers college this year. I was given the option to choose the subject I would teach for my placement this term. Upon seeing the new math curriculum I immediately decided on the financial literacy unit! the unit includes these expectations for grade 5:
F1.1 describe several ways money can be transferred among individuals, organizations, and businesses.
F1.2 estimate and calculate the cost of transactions involving multiple items priced in dollars and cents, including sales tax, using various strategies
F1.4 explain the relationship between spending and saving, and describe how spending and saving behaviours may differ from one person to another
F1.4 explain the concepts of credit and debt, and describe how financial decisions may be impacted by each.
F1.5 calculate unit rates for various goods and services, and identify which rates offer the best value
F1.6 describe the types of taxes that are collected by the different levels of government in Canada, and explain how tax revenue is used to provide services in the community.
I have decided to start my first lesson as a introduction to what money is (a tool we use as a fixed variable for trade) and a intro to interest rates.
My greatest concern is making this understandable to a ten year old and most of all fun. Does anyone have any resources that they have come across or any ideas or lessons they are willing to share?
All the best,
Spenc
