Financial literacy skills means having the confidence, knowledge, and skills needed to make financial decisions that promote financial self-sufficiency, stability, and well-being. These skills include the ability to effectively locate, evaluate, and use information, resources, and services and to make informed decisions about financial obligations, budgeting, credit, debt, and planning for the future.
- Financial Literacy: Issue Brief
- Best Practices in Financial Literacy: A Case Study
- Financial Literacy: Introduction to Purchasing a Car Lesson Plan
- Financial Literacy: Money Management Lesson Plan
- Financial Literacy: Household Cash Flow Integrated and Contextualized Learning Lesson
- Financial Literacy: Changing Jobs Problem-Based Learning Lesson
- Financial Literacy: Eating Healthy on a Budget Project-Based Learning Lesson
- Financial Literacy: Annotated Instructional Resources and References
- Teaching the Skills That Matter: Financial Literacy in Action
This video shows the components for teaching a financial literacy lesson. You'll see Stephanie Sommers teach a lesson titled "Household Cashflow" as she guides her intermediate and intermediate-high (NRS levels) students through deciding how to save and manage money following the best practices for financial literacy instruction. Ms. Sommers is a Teaching Skills that Matter Coach in addition to being an Adult Diploma Coordinator & Writing Curriculum Lead for Minneapolis Public Schools. In the video, you'll also hear from Thomas Dieter, an adult education subject matter expert in financial literacy.
Download these tools in a single combined file: All TSTM Financial Literacy tab tools