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Financial literacy is a skill that every individual should posses. Moreover, earning money, even if it is the make-believe, printed at home kind, is very motivating for students and presents plentiful opportunities for practicing real world math problems.

Each year the Year 3 classroom holds a class sale where students first earn money doing odd jobs of their choice around the classroom for a month. They keep this money in a “bank” where they set up an account allowing them to make withdrawals and deposits. Students plan a class sale, including pricing items and talking to their possible buyers to analyze preferences.

At the end of the sale, we sit down to reflect about the experience, talking about any challenges faced and opportunities for improvement. Hopefully they can apply some of the lessons learned to their future financial decisions.