What This Program Teaches:
Financial Literacy (100%)
JA More than Money introduces 3rd, 4th, and 5th grade students to financial literacy and entrepreneurship, and to social studies learning objectives that include money, money-management skills, goods and services, and global markets. Through hands-on activities and a JA cast of characters serving as symbols for financial literacy and entrepreneurship concepts, students will learn a practical approach to starting a business and making smart decisions about managing money.
Following participation in the program, students will be able to:
– Identify the role of money in everyday life.
– Think like entrepreneurs and identify a small business they can start.
– Learn the basic steps of starting a business.
– Consider the advantages and disadvantages of borrowing money.
– Explore the opportunities of global markets.
The program is volunteer-taught and kit-based, and can be implemented either in-classroom or virtually. It includes five 45-minute sessions, with additional extended learning activities and optional digital assets offered throughout.
Session One: The Money Garden
Students explore money-management skills and become familiar with the key differences between earning, saving, and spending. They learn that money can be saved in a financial institution, such as a bank or a credit union, and how money can earn interest.
Session Two: Create a Business
Students learn about the ways in which people’s interests and skills can help them identify small businesses they can start.
Session Three: Build a Business
Students identify the fundamental steps for starting a small business and develop a basic business plan.
Session Four: Run a Business
Students explain why financial institutions lend money and why people borrow money for their businesses. Students learn about the advantages and disadvantages of borrowing money, including the need to make interest payments. They record and track financial gains and losses in a simulated environment.
Session Five: Global Success
Students explore the opportunities and challenges of global markets.