Recently our Grade 3 students at the Academy Campus had the opportunity to learn some fundamental skills to support their learning of financial literacy through the use of currency calculations on interactive whiteboards. Below is a video of students working in pairs to count money spent on purchases, then calculate the change from a given amount. Teaching the concept of spending and saving through the interactive whiteboard and corresponding applications is very enjoyable for students, and extremely useful to start at a young age in preparation for more challenging financial concepts taught in later years at RMS.
We believe it is very important for students to learn the first skills necessary for financial literacy as early as Kindergarten here at Rowntree Montessori Schools private schools. Experts such as Toronto financial literacy analyst Tricia Barry agree that these types of lessons need to be introduced to students at a young age. In fact, for public schools, Barry suggests that “mandated financial literacy lessons need to be introduced by Grade 6, including incorporating the concepts into math class.” However here at RMS Private Schools, we teach these concepts even earlier, giving students a head start towards perfecting their ability to succeed in their futures, when it comes to the topic of finance and related management. For more on this topic, click here to review an article by The Toronto Star.
To learn more about Rowntree Montessori Schools (RMS), continue browsing our website and ideally drop by any of our welcoming, friendly and family oriented campuses for a personal tour anytime Monday-Friday 9:30am-3:00pm. If you prefer, call to book an appointment for a personal tour anytime Monday-Friday 9:30am-3:00pm.