Financial literacy tools reach teachers
Friday, April 11th 2014, 9:37AM 
1 Comment
A new suite of tools and resources has been developed to help teach financial literacy in the classroom.
The FCP toolkit (Financial Capability Progressions toolkit) has been launched to all schools after the Ministry of Education and the Commission identified a need to support schools and teachers with integrating financial capability across the school curriculum at all levels.
Retirement Commissioner Diane Maxwell said “Financial literacy is an essential life skill and embedding it in the school curriculum makes absolute sense.”
The suite of materials is designed to help educators teach financial literacy across a range of learning areas. Aligned to curriculum levels 1-8, the toolkit will take students through all levels of financial literacy – from money basics, such as recognising coins and notes, to more complex financial knowledge, such as calculating exchange rates against New Zealand’s currency.
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As for kids - rather than just teaching them about success - we should also educate them about what failure looks like, and how to avoid it.