It is not only at the bank where kids like me can learn about how money works. The Children’s Museum of Cleveland (CMC) is launching a new financial literacy school field-trip program to introduce first and second grade school children key money management lessons. CMC’s “Money, My Community and Me” program will also be offered to museum visitors and CMC members as part of its family learning initiative. “Money, My Community and Me” is aimed at helping Cleveland-area students begin to grasp the concepts of financial literacy, budgeting and saving.
According to a A.G. Edwards survey, only about one in four U.S. children (27 percent) have learned about saving and investing through their schools. In addition, more than half of U.S. parents with children in the home have not discussed saving or investing with their children.
The museum field trip will teach:
The basics of earning money as a “member of the community”
How to make choices about spending and saving, through the use of play money and a trip through the “Bridges to Our Community” permanent exhibit area that consists of a bank, grocery store, gas station, bus, hospital and home.
The impact of their spending and saving choices on both immediate purchases and long-term financial goals
The program at the Children’s Museum of Cleveland is also being set up at 17 children’s museums across the country which I hope will help other younf kids like me learn more about money at a young age.
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