On the Money: Mathematics Activities to Build Financial Literacy Grades K-5
Lindsay A. Gold, Michael S. Houston, Jennifer M. Bay-Williams, and John M.
Elementary-Age Students with Essential Financial and Mathematical Skills Right
from the Start
skills, like mathematical ones, must be built on a firm foundation. Whether one
is putting money in a piggy bank or a
401(k), and purchasing a toy car or a real one, everyone needs the
understanding of financial issues and math skills necessary for making sound
elementary classroom is the perfect place to introduce students to the
multifaceted subject of financial literacy. The key is to integrate financial
topics into mathematics instruction, using everyday, fun topics that relate to
students’ experiences and bring math concepts to life.
book’s seventeen chapters provide lessons and activities on important skills
such as understanding coins and their values, saving up for future purchases,
and sticking to a budget. Related mathematical skills and topics include the
four basic operations; fractions, decimals, and percentages; working with
graphs and data; and more. Each chapter includes—
“Future Value” section, summing up the mathematical and financial literacy
knowledge that students in elementary school will bring to and take away from the
Common Core mathematics standards and practices and Jump$tart financial
full lesson plan with specific learning targets, including sections on the
“Sales Pitch,” the “Fine Print,” and “Closing the Deal”;
sheets and other classroom material, which are also available to download and
print from NCTM’s website at www.nctm.org/more4u; and
for extended learning, including references to relevant children’s literature
and other resources.
learn how money works and how they can make it work for them.