Financial Literacy: A 21st Century Skill

The economic impact of this pandemic is concerning to many. One way to be prepared to handle a variety of economic situations is by developing good financial literacy skills. Financial literacy  is the ability to understand and effectively apply various financial skills, including personal financial management, budgeting, and investing. 

This life skill is important for 21st Century learners--students like all of you. It is never too early to start learning about managing money. Here are some resources that can help improve your financial literacy:

PBS has a video series specifically aimed at students in second through tenth grades. These videos are less than two minutes long and cover topics like paying for college, credit score, long-term investing, buying a car, writing a check, and saving money. 

There is a video series on Youtube called Warren Buffett's Secret Millionaire's Club. This is an animated series that teaches about good business and money practices. Most videos are about five minutes long.

PBS also has a program called Your Life, Your Money  for older students. This show highlights real life stories of young people exploring topics such as budgeting, saving for retirement, banking, growing a business, and self-employment. The show is about an hour, and is divided into smaller segments so you can watch at one time or over several days.

For younger children, here are some Sesame Street clips that talk about money and choices. 

Check out these resources and tell us one thing you learned by commenting or sending an e-mail to pcasey@bighorn1.com. There will be a surprise for any comments or e-mails.