What do psychologists think about elementary school students learning about financial literacy
As soon as they start going to school, children should start learning the basics of financial literacy. The beginning of the first grade should mark the beginning of the path towards greater independence and increased awareness of the importance and value of money, Dragica Pavlovic Babic, a researcher of the Institute of Psychology, said for BIZLife.
“The first departure to the classes taught in the countryside is also the moment when they will take care of their “budget” – pocket money – on their own,” our interlocutor points out.
The psychologist recalls that children also adopt the basics of financial literacy when parents send them to buy something in a store, these are the steps of independence, getting familiar with banknotes and their value.
Since September 1, novelties in school programs have been announced, based on which, fifth graders will learn the elements of financial literacy, along with percentages in mathematics, by making simple budget proposals themselves.
Pavlovic Babic does not mind this, however, she has a message for teachers and pedagogues participating in the educational process.
“Everything needs to be adjusted to their age, their abilities and capabilities,” our interlocutor said.