MoneySmart in schools

Helping schools get MoneySmart

Many schools successfully integrate consumer and financial literacy programs into the school curriculum. See their stories below:

If you are interested in the program, email us at moneysmartteaching@gov.au and we will keep you updated. Also visit our MoneySmart Grants for Principals page.

Whole school approach: Singleton Primary (WA)

Singleton Primary School involves teachers, students, parents and the community to deliver consumer and financial literacy education.

The school uses the MoneySmart Teaching program to embed financial literacy within the curriculum.

Watch the videos below to see how the school's students learn to be confident consumers.

Video series (click tab to open)

What teachers think about ASIC's MoneySmart Teaching Program

What teachers think about ASIC's MoneySmart Teaching Program

Teachers from Singleton Primary discuss using ASIC's MoneySmart Teaching resources in their classrooms and how they support students in directly applying what they learn at school to their everyday life.

Foundation students learn money basics

Foundation students learn money basics

Starting early is a key to growing savvy consumers and savers. In this video Singleton Primary students demonstrate how they confidently role play real situations, learning collaboratively though games and other activities.

Advertising detectives get savvy

Advertising detectives get savvy - Year 4 unit of work

See how Singleton Primary students engage with their learning using the Year 4 Advertising Detectives Integrated Unit of Work. Students investigate different marketing gimmicks used to sell products and quickly learn to be aware and informed shoppers when choosing what they buy.

Preparing students for 'The fun begins'

Preparing students for 'the fun begins'

Students in Years 5 and 6 at Singleton Primary work through a series of small scale planning and budgeting activities focussed on travel and achieving value for money, This helps them meet the challenge of working with the larger scale planning task in the  The fun begins: Plan, budget, profit. Year 6 Integrated unit of work 

The fun begins

The fun begins

This Year 6 unit of work engages young people in designing and planning an environmentally friendly Fun Park.Through the unit, students learn about budgeting and value for money when using large sums of money. Students also need to consider a number of options and determine what is best for them and the wider community.

Consumer and financial literacy in the kitchen and garden

Consumer and financial literacy in the kitchen and garden

Learning about money, change, shopping and value for money, forms a logical and relevant partnership with Singleton Primary School's existing Kitchen Garden Program.

Whole school rewards system 

Whole school rewards system

At Singleton Primary School students learn to earn, save, spend and donate through the whole school rewards program. Students monitor their rewards accounts and become familiar with authentic banking behaviours through rewards transactions.

Learning to bank through role play

Learning to bank through role play

Students learn about money and banking through role play in the Singleton Primary School Bank.

Kids perspectives on the MoneySmart program

Kids perspectives

Students share their thoughts about money, what they are learning about it at school and the application of this both in the classroom and at home.

Leadership and ASIC's MoneySmart Teaching Program

Leadership and ASIC's MoneySmart Teaching Program

Implementing a whole school approach to ASIC's MoneySmart Teaching program has provided opportunities for the development of staff leadership skills at Singleton Primary School. 

Parent and community support of ASIC's MoneySmart Teaching Program

Parent and community support of ASIC's MoneySmart Teaching Program

Parents play a vital role in the education of their children at Singleton Primary. ASIC's MoneySmart Teaching Program presents a wealth of opportunities for schools to reach out to and engage parents and the broader community in the education of their children.

Wingham High School (NSW)

Wingham High School incorporates financial literacy education across all curriculum learning areas. Staff have embedded financial literacy into Spanish classes, the annual school production and a school garden project. Consumer and financial literacy engages students and parents in growing essential skills around money. 

Video series (click tab to open)

Why use ASIC's MoneySmart Teaching?

Why ASIC's MoneySmart Teaching

Wingham High School staff discuss the benefits of the MoneySmart Teaching Program and why it was important to implement in their school. ASIC's MoneySmart Teaching resources are aligned to the Australian Curriculum and the National Consumer and Financial Literacy Framework.

A whole school approach

Whole School Approach

Wingham High School teachers explain the 'whole school' approach to embedding the MoneySmart program at Wingham High.

MoneySmart maths

Mathematics

How the MoneySmart Teaching Program helped Wingham High School's Year 7 and 8 students improve their practical money skills.

A virtual trip to Spain

Languages other than English (LOTE) - Spanish

Wingham High School Deputy Principal, Kim Dixon, talks about a financial literacy resource delivered through LOTE (languages other than English). Students plan a virtual trip to Spain and explore the financial aspects of travel through planning, budgeting and using a travel money card.

English

English

Wingham High School English Teacher Steve Harrell talks about the real world application of the MoneySmart Teaching Program and how it benefited his students.

A MoneySmart school production

The School Production

Music, Art and Drama students employed an enterprise approach to the school production "Romeo and Juliet: Summer of 66". Students and teachers share their experiences of this innovative approach to financial learnings and earnings.

Students with special needs

Special Needs Students

How teachers used the MoneySmart Teaching Program to assist students with additional learning needs.

The garden project

The Garden Project

How learning support teachers at Wingham High School used the MoneySmart Teaching Program to form part of a school garden project.

Parent perspectives

Parent Perspectives

What the parents and families of Wingham High School students thought of the MoneySmart Teaching Program.

MoneySmart in schools

Below are a variety of primary and secondary schools who deliver consumer and financial literacy education through MoneySmart classroom resources.

Collection of stories (click tab to open)

Global Money Week (Hunter School of the Performing Arts, NSW)

Hunter School of Performing Arts student Clarissa Brent-Kay in front of a whiteboard where she has written her explanation of what a savings plan is.Global Money Week (GMW) is an annual financial awareness campaign that aims to inspire young people around the world to learn about money. Getting involved with the campaign  is a great way to teach your students about money.

During the 2019 campaign, Hunter School of the Performing Arts took part in the GMW Countdown Challenge where students answered a money related question every day in the lead up to the week. The students photographed their answers, which they wrote on a whiteboard, poster or created digitally, and then posted the response on the school's Facebook page.

The school also ran a literacy-based competition where students wrote about the smartest thing they had done with their money, or what someone they knew had done. Students then shared their financial hero stories with each other. The best responses went into the running to win a prize, plus were included in a school e-book.

Leading the school's GMW project, head teacher Cassie Portelli said that teaching financial literacy to students was crucial.  "Especially for students who may have a career in performing arts where their income can vary dramatically from week-to-week and month-to-month," she said.

"We like to teach financial literacy where we can, and the school embeds it into every Key Learning Area and year."

Using video to spark conversation (Lockyer District State High School, QLD)

Year 10 students from Lockyer District High School in front of the screen featuring the Money Smart video.Lockyer District State High School in Queensland reminds its community that money makes the world go around by playing a MoneySmart video in its office foyer.

The video, called Money Makes the World Go Around, highlights the importance of young people learning about money so they can avoid overspending and getting into unnecessary debt.

The school's deputy principal Tony McCormack said that students, parents and anyone else who comes into the office can watch the video and understand how important financial literacy is for kids and adults.

"It also sparks conversation and reflection about financial literacy," he said.

The school integrates MoneySmart's teaching resources into lessons throughout all years, especially with seniors as they prepare to leave school.

"Financial literacy has always been an important component of our transition plans for students and the MoneySmart resources support us to improve our existing practices," said McCormack.

"The resources give us a focal point and easy-to-use bank of teaching tools to support our existing practices."

Mobile phones and running a business (Kings Christian College, QLD)

Kings Christion College video

Year 9 students learn about mobile phones and gain skills in running a business.

Market Day enterprise unit (Bulimba and Arundel State Schools, QLD)

Bulimba and Arundel State Schools video

Two primary schools are featured in this video demonstrating their approaches to consumer and financial literacy education.

School shop and community garden (Currumbin Special School, QLD)

Currumbin Special School video

Students run the 'Snack Shack' and a community garden to gain consumer and financial literacy skills.

Enterprise school shop (Mypolonga Primary School, SA)

Mypolonga Primary School video

The Mypolonga State Primary School shop located on the banks of the Murray River attracts visitors from around the world to buy at the student run shop.

Enterprise school shop (Mount Pleasant Road Primary School, VIC)

Mt Pleasant Road Primary SchoolMount Pleasant Road Primary School has a Pleasant Snacks shop program that involves Year 5 students running a healthy school snack stall every Friday.

Teacher, Kim Streitberger, said the shop is having a significant impact on students' numeracy and engagement, as they realise the natural connection between money and mathematics.

'Money equals real life maths. Solving word problems in maths lessons can include elements of real life, but doesn't come close to the calculations students undertake when they're buying and selling', Kim said.

'Most of the school's 175 students are involved with the Pleasant Snacks shop either as managers, assistants or purchasers, giving them the opportunity to improve their numeracy skills and their understanding of money.'

Principal, Lisa Yeoman, said Pleasant Snacks has enthusiastic support from staff, parents and students alike.

'Year 5 students are in the process of establishing a training program for our Year 4 students so they're well prepared to take on the responsibilities of Pleasant Snacks next year', Lisa said.

We pride ourselves on preparing students for their future and recognise that financial literacy is a lifelong skill.'

Transition breakfast (Palmerston Christian School, NT)

Palmerston Christian SchoolPalmerston Christian School adopts a whole school approach to consumer and financial literacy education.

The school arranged for their Year 3 students to host a welcome breakfast for children starting in their Transition class (Kindergarten or Prep).

Year 3 teacher, Lubka Gaitt, said planning the breakfast was very exciting for her students.

'They had a fantastic time putting their newly learnt financial skills to work - from researching and comparing prices in supermarkets to working to a strict budget of $1.90 per guest,' Lubka said.

'Financial literacy is something we all deal with on a daily basis - something that can make or break our future. At our school we're keen to ensure that students leave with the knowledge and skills to confidently set and meet their financial goals throughout life', she said.

 


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Last updated: 21 Mar 2019