We all understand the importance of a strong education. It’s an integral institution in Canada’s history and a fundamental right to all Canadian children. But having a strong education system doesn’t mean that we should become stagnant in pursuing better ways to set up our youth for future success.
It is important that our children learn things like how to read and write, but also important that they grow up to be financially literate as well. When we look at the curriculum of Canadian schools as a whole, there is an opportunity to teach children at a young age how to properly understand and manage the finances they’ll rely on in the future.
In our complex economic climate, getting Canadian children familiar with finances is becoming increasingly important. Here at Intuit Canada, we’re committed to spreading financial literacy through our work with startups and small businesses. But it doesn’t stop there, we’re expanding our efforts to set our kids on a brighter, more comprehensible path toward being successful adults and stewards of our financial communities.
On November 23rd, 15 volunteers from our Intuit Mississauga office will be venturing out to local primary schools on a mission to educate students in grades 3 and 4 on the importance of understanding how to earn, spend, share and save money. We are partnering with Junior Achievement to teach their More Than Money curriculum to the students. We plan on spending the day helping students understand and embrace the following concepts:
• Identify the role of money in everyday life
• Practice making sound financial choices using cooperative decision-making skills
• Manage a personal bank account by making deposits and withdrawals
• Identify ways to earn income through jobs or a small business
• Learn how to make ethical personal and business money management choices
• Develop a basic business plan based on their job skills and interests
• Apply the problem-solving and money management skills needed to operate a small business
Children are the cornerstones of future innovation in our country. The aim of this initiative is not just to get them thinking about their futures, but also to get them thinking about how understanding their finances can help create a better Canada.