Daily VideoDecember 27, 2011
Colo. Students Learn Lessons in Finance
Retailers served up deep discounts and easy gift exchanges to lure shoppers back to the malls. But, in the state of Colorado, school-age children have been prepped somewhat differently for the shopping season.
A Colorado law that went into effect this fall requires schools to teach public school students about financial responsibility.
Kids are learning about money by drawing coins and dollar bills and simulating buying things from the classroom store. They are also acting as cashiers to make those sales.
Ruth Hartvigson is an early childhood coach for the Jefferson County School System. She said she and her colleagues were skeptical of the idea at first.
“We didn’t want to make these kiddos materialistic. And it was a shift in thinking for us as an educational staff to think that’s not what this is all about. We’re just helping them to know another fact of life,” she said.
Amanda Jerome, a preschool instructor in Colorado, think it’s important to teach the children responsibility.
” I think it’s important to teach them to appreciate things, that we all work hard in life, and when you do — when you work hard, you’re rewarded with it, and that’s how you get the things that you want,” she said.
“I think it’s important to teach them to appreciate things, that we all work hard in life, and when you do — when you work hard, you’re rewarded with it, and that’s how you get the things that you want.” – Amanda Jerome, preschool instructor.
“We have seen kids really starting to have those aha moments of, wait a minute, doing a minimum wage job is not going to get me to where I want to be in life.” – Linda Pfeiffer, Walt Clark Middle School.
Warm Up Questions
1. What does the word ‘responsible’ mean?
2. What does the term ‘financially responsible’ mean?
3. What is a budget?
1. Why do you think the state of Colorado passed a law that would require schools to teach public school students about financial responsibility?
2. Does your school teach students about financial responsibility? Discuss.
3. Does your family have a budget in place? How does this budget affect you?
Tooltip of related stories
Tooltip of more video block
Submit Your Student Voice
Fighters from the Islamic State (ISIL) won several victories this week, raising U.S. concerns that the extremist group’s influence may be growing beyond control. Continue reading
As artificial intelligence gets better and better, traditional careers such as law and medicine will undergo radical changes, according to computer scientists. Continue reading
In the past year, the Islamic State (ISIL) has swept through the region, destroying hundreds-year-old antiquities and prompting looting at battle sites. Continue reading
50 years ago, President Lyndon B. Johnson announced the creation of Head Start, a government program that would affect millions of children for years to come. Continue reading
Fighters from the Islamic State (ISIL) captured the city of Ramadi over the weekend, prompting the Iraqi government to ask for increased U.S. military airstrikes and help from fighters supported by Iraq’s neighbor, Iran. Continue reading