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Does the average Fifth Grader know the difference between a wage and a salary? After successfully completing Level I of YouthEntity's "I Am Financial Knowledge," this year's Fifth Grade Aardvarks know this financial designation and more!
Students participated in a daily workshop led by YouthEntity facilitators during which they tackled subjects like taxes, bank accounts, borrowing money, financial risk management, and financial responsibility.
The week's discoveries culminated with a site visit to YouthEntity in Carbondale where students used their new knowledge as they participated in role-playing, learning games, and bank-based simulations.
The capstone of the learning workshop was an assessment where the stakes were highStudents received a payout of $0.50 per correct response on each of 30 questions. With $15.00 actual dollars available, students applied their knowledge in a determined way and received a personalized check at the end of the day.
The Fifth Graders can now apply their hard-earned financial literacy in their everyday life!
About this program
ACDS sends our thanks to Youth Entity, an innovative organization with the goal of "making Western Colorado the most financially literate region of the country – one student at a time." The Carbondale-based non-profit provides personal financial literacy training to Fifth and Eighth Graders and high school students so they graduate "job ready + career ready + life ready"). For more, www.youthentity.org