1.4 Financial Literacy Activities

Lesson
Materials

This online activity is intended for participants to assess their own financial literacy using a basic questionnaire. By doing this activity, participants will have a deeper understanding of their own competences and identify areas for improvement. 

Check the References and Further readings in Materials section.

Time necessary for the activity without further reading is 10 minutes.

References

https://www.oecd.org/financial/education/oecd-infe-2020-international-survey-of-adult-financial-literacy.pdf

https://gflec.org/initiatives/sp-global-finlit-survey/

https://www.oecd.org/daf/fin/financial-education/OECD-INFE-International-Survey-of-Adult-Financial-Literacy-Competencies.pdf

Further readings

https://www.incharge.org/financial-literacy/

This website has an extensive range of material not least a suite of seven workbooks addressing the following areas:

  1. Introduction to Financial Literacy
  2. Budgeting & Organizing Your Finances
  3. Financial Pitfalls & Attitudes About Money
  4. Understanding Insurance
  5. Savings Strategy
  6. Understanding Credit & Debt
  7. Saving for the Future

https://www.ngpf.org

The Next Generation Personal Finance Academy has an extensive compilation of short videos accessible through NGPF site see Youtube links below:

Compound interest-  one of the most powerful concepts in finance
https://www.youtube.com/watch?v=wf91rEGw88Q

Should I buy this?
https://www.youtube.com/watch?v=Kq5puHiNWzo

The Hidden Cost of Joining a Gym
https://edpuzzle.com/media/5e90c820e1cdcd3f128b1677

Decision-making Strategies
https://www.youtube.com/watch?v=pPIhAm_WGbQ

The Real Cost of Bottled Water
https://edpuzzle.com/media/5e90af837fcacf3f19b2658d