Simple activity to teach financial literacy at

school

Kornelia Lohynova

Team work1. Ask pupils: What did you and your parents buy last month?

2. As a team they brainstorm and write down the articles to a document

3. Explain the next slide

Tips for a smooth financial life

VICES

Vices are risky

Avoid

WANTS NEEDS

Wants are unlimited

Reduce

Needs are limited

Spend

Think twice before spending

Team work

After explaining the previous slide, ask pupils to decide whether the articles written in the document are vices, wants or needsThey can use 3 colors to mark each article

Present and discuss the possible disagreements (needs versus wants...)

Important conclusion: Think twice before spending! Discuss the possible changes in the list of the articles, how could it be reduced...