Junior Achievement and Creating Healthy Money Habits
Posted by Melissa Capozza on Thursday, February 14, 2013
Today we had a great day with our JA teacher, focusing lessons about the topic "Our City." Lessons included city zoning, creating blueprints and construction, opening a restaurant, writing newstories and banking. I have a few photos posted in the photo gallery.
In addition, this week we have been focusing on the student question, "How did the boy get a lot of money?" This question came from looking at a picture of a young boy with money. As a result, we have been learning about creating good money habits, such as budgeting and saving, including earning interest. It is possible your child might ask you about opening his/her own savings account. There are some students who already have a savings account and they have been discussing how they earn money to put in their account. There has been a lot of interest around this topic. If you decide you will assist your child in opening a bank account, there is no school on Tuesday, February 19. Banks will be open on this day, so this might be a great opportunity for them to open an account and make their first deposit.
We will now focus more on creating a monthly budget and having an income to sustain that budget. This includes looking at different careers. Talk with your child about things you pay for each month and categorize each as a "need" and "want."
In addition, this week we have been focusing on the student question, "How did the boy get a lot of money?" This question came from looking at a picture of a young boy with money. As a result, we have been learning about creating good money habits, such as budgeting and saving, including earning interest. It is possible your child might ask you about opening his/her own savings account. There are some students who already have a savings account and they have been discussing how they earn money to put in their account. There has been a lot of interest around this topic. If you decide you will assist your child in opening a bank account, there is no school on Tuesday, February 19. Banks will be open on this day, so this might be a great opportunity for them to open an account and make their first deposit.
We will now focus more on creating a monthly budget and having an income to sustain that budget. This includes looking at different careers. Talk with your child about things you pay for each month and categorize each as a "need" and "want."