One area where most public schools could improve is one of the most basic. Kids need to know a great deal about what it takes to manage money. I dare say next to social skills, its one of the most essencial skills they can master, to ensure they control money instead of the other way around. The website below this paragraph has ordering information and additional items that would benifit the childrens education greatly AND this institutions good reputation. The company selling this product has been around long enough that a Thai language version of the game is probably avalible. If that version is not availible I can still teach the material in English so that students from my classes are ready for future issues surronding money.
http://www.richkidsmartkid.com/about.html
I have also found a web site that will be useful in teaching children about money to be found at ..
http://www.richkidsmartkid.com/minigames/bigchange.htm
Studying how the game above can make finacial education fun and simple for my students... watch this space for my findings on the matter.
Basic Concepts that students must have to control money.
I will focus on the following concepts in English so my students will know why they need to delay certain obvious purchaces and find other deals that will improve their finances over time. Concepts covered will include...
*What is an "asset" and what is a "liability". What those two cash flows look like on a visual peice of paper and later what they look like on an official balance sheet.
*How students can make money work for them instead of working for money.
*Integrating basic +, -, *, division, fractions and percentages, into learning about money.
*more to come watch this space
Monday, May 23, 2011
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