Dr. Marie-Claire Moreau

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Feb 11 2011

Teaching kids about money

Many homeschoolers include the teaching of personal finance as part of the curriculum.  What better way to prepare kids to handle money as adults?

Some parents involve kids in their own finances, helping to evaluate spending, paying bills online, or adding receipts.  Others have children working in the family business, learning the ropes, while gaining valuable business skills along the way. Still others open savings accounts or stock accounts for their kids, letting them manage funds entirely on their own.  There are dozens of practical and easy ways to teach personal economics right from home.

money

There is no shortage of lesson plans available to teach this subject, too.  Those shopping for curriculum will be pleased to find dozens of quality products, many free.

Begin with these resources for starters:

Dave Ramsey’s Raising Money-Smart Kids

U.S. Government Money pages for kids

United States Mint Pocket Change for Kids

American Numismatic Association

PBS Kids It’s My Life

National Council on Economic Education including the online Personal Finance Game

Money Instructor

Kid’s Money Store

And don’t forget to check out these free online products, too:

FDIC’s Money Smart Course (educators may order it at no charge)

Federal Reserve Education (lesson plans for download)

Money Math Lessons for Life (free to download)

AFSA Education Foundation MoneySKILL Course (free online audio/video course)

Practical Money Skills Curriculum (free to download)

International Monetary Fund Money Matters Curriculum (free curriculum for middle school and curriculum for high school)

Remember to visit banks in your area to learn about opportunities for kids to save, or contact credit card companies for brochures and information about credit for young people.  Credit unions offer resources, too.

Teaching children about money is something that will last a lifetime.   There is no greater gift than setting children up for success.

Isn’t that what homeschooling is all about?

Marie-Claire Moreau, Quick Start Homeschool

 

 

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Written by Marie-Claire · Categorized: Homeschool · Tagged: coupons, freebies, high school, math, middle school, saving money

Jan 30 2011

Visual math

Homeschoolers will find a variety of products on the market that can be used to teach math.  Sometimes, however, these aren’t the right fit for a particular child. 

Especially with mathematics, but other topics too (science, for instance), students need to see or be able to visualize concepts before the idea really sinks in.

Fortunately, there are ways to do this for mathematical concepts.

The first is to purchase a curriculum product that includes a visual, or interactive (hands-on) component.  Lower level Saxon mathematics products, for example, come with a set of “manipulatives” (plastic pieces) that children use to better understand abstract math concepts.  The Math U See company also uses plastic and vinyl manipulative blocks and other pieces in its curriculum sequence, again, to promote better understanding of the ideas rather than learning through rote memorization or blindly applying formulas.

A second way is to use common household objects.  This takes a little bit more ingenuity on the part of the parent, but is a free and easy way to demonstrate math.  For example, a small set of 1″ wooden blocks is perfect for showing everything from adding and subtracting to multiplication and division, and even exponents.  A set of toy cars or action figures (or pennies, beans, or anything else) can be used to talk about ordinal numbers, grouping, divison with remainders, and more.  Paper cut-outs can also be created to demonstrate fractions, percentages, angles and ideas that can be harder to grasp by reading about them in a book alone.

A final way is to use stories to tell math.  Many years ago, one of my own children had trouble understanding the difference between area and perimeter.  I came up with a simple story involving two dogs, one that ran around a fence, and the other that dug up the entire yard.  The child learned the idea quickly, and still remembers the story, too!

There is no reason to persist in using a teaching approach that isn’t reaching a student the way you’d like. This only creates frustration, decelerates learning, and can even end in a student hating that subject.  Trying a visual approach to math could be just the ticket for some kinds of students, and can be lots of fun for the teacher, too!

[Photo: stock.xchng]

Written by Marie-Claire · Categorized: Homeschool · Tagged: classroom resources, curriculum, math, products

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