Saturday, March 14, 2009

Stock Market Classes in Elementary School

The current economic problems spotlight a need for financial literacy. Schools must teach children about money and investing without breaking their own budget. One creative way to do this is with the Young Money Stock Market Game. Not only does this game teach saving and investing, it also teaches decision making, critical thinking, and the importance of doing independent research. Students receive $1,000,000 in virtual money. Then, using a live trading simulation, they create their own portfolios. To build a portfolio students must research and evaluate stocks, learn how the economy works, and practice basic math. Teachers can have students work together in a team or individually. Find this at ; This is the best idea and I wish they focused more on economics beyond what's a nickel and which one is a half-dollar.

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