BUCK Academy

Financial Intelligence Curriculum to Make Money Smart Kids

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GOLDEN 52

WHAT IS MONEY?

Forms of money (Cash, Coins, Checks, Bank Account)

MONEY HAS FINANCIAL VALUE

You can exchange money for products/services.

HOW DO YOU GET MONEY?

Earned (Salary, Interest, Investment), Gift

HOW CAN YOU HAVE MORE OR LESS MONEY?

MORE (Earn more, Spend less), LESS (Earn less, Spend more)

WHAT DOES IT MEAN TO SAVE?
 

Not spending all your money=money left over = saving

ADDITION: HOW TO GROW YOUR MONEY?

Allowance/Salary adds to the money in your account.

SUBTRACTION: HOW MONEY BECOMES SMALL​

Spending subtracts money in your account.

Multi-Period Addition
 

Multi-Period Addition: Allowance Adds Up Over Time

Multi-Period Subtraction
 

Spending reduces your balance over time.

Balance: Result of Addition and Subtraction


 Illustrate Addition and Subtraction and impact on balance.

NEGATIVE NUMBERS
 

2-3= -1/ if you spend more than what you have, you get a negative balance. This is bad.

Needs vs Wants
 

Needs are necessary/Wants are discretionary
 

PRICE AWARENESS​
 

Every product has a price/Prices vary by seller (look for low price)

Impulse Control
 

Be careful not to purchase everything you see for the first time

Deals Hide Costs and Sell Discounts

Understand the actual price you will pay when you buy something

Plan for Large Purchases

If something costs a lot, you will have to save up to buy it.

Debit Card Mechanics PART 1

Physical (Insert chip/Swipe/Tap to pay)
 

Debit Card Mechanics PART 2

Physical (Insert chip/Swipe/Tap to pay)
 

OVERDRAFT

If you charge more than you have, an overdraft will result. Overdraft=Negative balance (bad)

BUY FROM TRUSTED ONLINE SITES

When shopping online, it’s crucial to prioritize trusted sites to safeguard your personal information and financial security.

COMPARE PRICES

Comparing prices can help you make informed purchasing decisions and maximize savings.

PAY ATTENTION TO REVIEWS

Paying attention to customer reviews provides valuable insights into product quality, performance, and overall customer satisfaction.

If you don't like a product, you can return it

Understanding product return policies ensures you can return or exchange items if they don’t meet your expectations.

Never give out your personal information

Never share sensitive information like passwords, credit card numbers with unknown entities or websites.

What Is Money?

Money Has Financial Value

How Do You Get Money?

How Can You Have More or Less Money?

What Does It Mean To Save?

Addition: How To Grow Your Money?

Subtraction: How Money Becomes Small?

Multi-Period Addition

Multi-Period Subtraction

Balance: Result of Addition and Subtraction

Negative Numbers

Needs vs Wants

Price Awareness

Impulse Control

Deals Hide Costs and Sell Discounts

Plan for Large Purchases

Debit Card Mechanics Part 1

Debit Card Mechanics Part 2

Overdraft

Buy From Trusted Online Sites

Compare Prices

Pay Attention to Reviews

If You Don’t Like a Product, You Can Return It

Never Give Out Your Personal Information