My Money & Me
Financial Literacy Month is recognized every April to raise awareness of financial literacy and the importance of good money management habits. On the 25th of May, we had a great time with about 40 kids to learn about money and discuss some money habits supporting their learning with summary sheets and a fun quiz at the end! They watched a couple of videos to explain how to MAKE, MANAGE and MULTIPLY Money. They also learned about Smart Budgeting. Amongst the many things that were learnt, the key takeaways were: Money is what people use to buy things and services . 1. You can make money through: House chores Mini Businesses - Consider the subjects you love, skills you have and something you/your parents own. Working in Parents Company (At 13 years) 2. You can manage money using the 3 Jar method of SAVE, SPEND & SHARE with the bulk reserved for SAVINGS. 3. You can multiply money by saving in the Junior ISA (3.20%), learning a new skill and reinvesting your small b