Primary Level : Basic Principles of saving money and being a good steward of resources

I. Week 1

Lesson 5: Living within your means

Brief information

• Children to learn how to spend within their allowance provided by their parents.
• How to spend money wisely.
• The consequences of impulsive spending.
• The importance of budgeting and planning purchases

Learning Objectives

Children will be able to

• Understand the concept of “Living within their means”

II. Week 2

Lesson 6: Pay yourself first

Brief information

• Children to learn how to pay themselves first and why it is important to save money for the future.

Learning Objectives

Children will be able to

• Embark on money-saving habits.
• Children can learn the importance of “paying themselves first” by setting aside a portion of their income before they spend it on anything else.
• It can help them develop good savings habits from a young age and promote financial responsibility.

III. Week 3

Lesson 7: Saving money

Brief information

• Children to learn how to save money.
• Understanding the time value of money.
• Types of savings accounts.
• The joy of delayed gratification

Learning Objectives

Children will be able to

• Start their own savings account and design their own piggy bank

IV. Week 4

Lesson 8: Sharing Money

Brief information

• Children to choose some 2 items at home that they pre-loved and still in good condition to give away to the needy.
• It can help them develop a sense of social responsibility and encourage them to make a positive impact in their community.
• The activity can also help students understand the value of giving back and promote empathy towards others.

Learning Objectives

Children will be able to

• Show love to the people whom they are grateful to
• Express their appreciation through expressing their emotions
• Understand the importance of sharing money and how it can benefit others in their community.