Jack and Jill Went Up the Hill but COULDN’T PAY THE BILL
Then Jack fell down and broke his crown, and they still had 59 payments to go! (sad but true story)
Thankfully Assistant Principal Matt Matheson is trying to prevent this kind of tragedy for future generations. I visited with him and he told me his plan to educate elementary students with personal finance.
Personal Finance in Elementary School?
Yup, that’s right. Personal finance in elementary school. I first caught wind of what Matt was doing when I came across him on Twitter. @method_money. I knew this was a guy I had to talk to.
It’s Cold up there, just like HARD CASH
Matt lives in Alberta and he told me it had been -40 recently. I couldn’t wrap my mind around that, but I could understand perfectly what he was trying to do by educating 5th and 6th graders in the basics of personal finance.
Matt says he see’s the need for personal finance education in schools and he has the heart and desire to change how people think and value money. That’s a recipe for positive change and I like the sound of it!
What’s the Plan?
Matt has taught elementary so he knows how those little minds work. He put together 6 weeks of lessons designed for 5th and 6th graders to teach them the basics of personal finance. He brought his own interest in personal finance and combined it with the learning style of elementary students. And then named it “Money, Money, Money”, of course!
Do the Kids Like It?
Just as I suspected, the students ate it up. Matt said they were very receptive to the personal finance teaching, aimed at their age group. In fact, after mentioning how they could earn money while they slept through investing, one student caught him after class and said, “tell me some more about this stuff!”
The Need is Real
Students are ready and eager to soak up solid financial principles. They just need someone to guide them. The interest that Matt’s students showed in elementary is the same interest that Bobby Hoyt from Millennial Money Man told me that his high school band students had when he would teach personal finance education to them. So from Houston to Alberta, the need is real.
Other things you will learn from the podcast:
1. Where did Matt learn personal finance?
2. Getting on the same page with his wife.
3. Some previous baby steps from Dave Ramsey.
4. Advice for teachers who may be teaching personal finance.
5. Is there more planned in the future for students?
Enjoy the podcast and be sure to connect with Matt or me if you have any questions or comments.
Find Matt Matheson online at Method To Your Money