PRACTICAL MONEY SKILLS CURRICULUM FOR PRE-SCHOOLS

1ST TERM
Weeks Themes Sub-Topics/Contents Objectives VIDEO LINKS
1-5 Introduction to Meaning of Financial Literacy Scholars will: https://
Financial literacy i. Have in-depth knowledge of financial literacy. www.youtube.com/
ii. Understand how money works and how it can work for them. watch?
v=geLkfMbPtNc&list=PL
iii. Understand how to make, manages and invests it, and also
C10fjzuewjGF25kxJa0ia-
expends it 3uzkO13JNV
The importance of Financial Scholars will:
Literacy i. Than financial literacy can provide basic tools for budgeting and https://
saving so that expenses and debt can be kept controlled. www.youtube.com/
ii. Understand that it can help families acquire the discipline to watch?v=VxmTTvGezro
save for their own home and/or for their children’s education.
https://
www.youtube.com/
watch?
v=1V_5R6dHNFEV

6-11 Money What is money? Scholars will: https://

Why does money finish?
How can money not finish?
Does money grow?
i. Define money www.youtube.com/
ii. Know what to do with money watch?
iii. Understand the value or price of item or service that is paid for v=Z7hwaeaDk-I
using money.
iv. Be able to explain the basic money concepts.
v. Know how to get money.
https://
Scholars will: www.youtube.com/
i. Know the reason why money finishes watch?
ii. Know how, when and what to spend their money on v=SUYJHL2muN8
Scholars will:
i. Know what to do with money that will give them more money
ii. Learn how to keep money aside
iii. Have spending plan
Scholars will:
i. Depend on what to do with money
 ii. Learn how to grow money

2ND TERM
Weeks Themes Sub-Topics/ Objectives VIDEO LINKS
Content
1-4 Savings What is savings? Scholars will: https://www.youtube.com/watch?
i. Know that saving means keeping money aside v=JkCmIxraWlM
ii. Understand various reasons why people save
iii. Write down things they can save money for. https://www.youtube.com/watch?
v=NfurkrZEn3QV

How can I save? Scholars will: https://www.youtube.com/watch?

i. Learn tips to saving v=dlEoNTB9OWw
ii. Be exposed to simple saving analysis
iii. Conjugate the habit of saving. https://www.youtube.com/watch?
Where can I save? Scholars will: v=EdDqEC7e9yo
i. Learn where to save
ii. Know the best place to save
5-7 Bank What is a bank? Scholars will: https://www.youtube.com/watch?
i. Know that bank is a place where money is kept v=7qWXjB4FmrU
ii. Understand how bank operates
iii. Know what happens to their money in a bank. https://www.youtube.com/watch?
Why Should I save in a bank? Scholars will: v=CqD3hnjZBTM
i. Tell the reasons why they should save in bank
ii. Be exposed to the benefits attached to saving in bank https://www.youtube.com/watch?
v=NsDBUbvNY_g

8-11 Opportunity cost Concepts and meaning of Scholars will: https://www.youtube.com/watch?v=o1T-

opportunity cost i. Know that productive resources are limited. zZIaSwg
ii. Understand why people cannot have all the goods and
services they want. https://www.youtube.com/watch?
iii. Know that opportunity cost of a choice is the value of the best v=8QLkhmsvKLo
alternative given up.
 Scarcity Scholars will: https://www.youtube.com/watch?
i. Understand that scarcity is the condition of not being able to v=yNlfcXQlmu0
have all of the goods and services one wants.
ii. Know why it exists
Choice Scholars will: https://www.youtube.com/watch?
i. Know what choice means v=iAIfRf7sW08C
ii. Understand that all choices, whether they are made by
individuals or by groups of individuals such as governments, https://www.youtube.com/watch?
have a cost associated with them. v=HEnohs6yYw

3RD TERM
Weeks Themes Sub-Topics/Content Objectives VIDEO LINKS
1-4 Spending Making spending decision Scholars will: https://www.youtube.com/
Understand what making spending decision entails. watch?v=YI9OzLCtTu0
Be allowed to make easy choices as toddlers
Be introduces guided, money-related, decision- https://www.youtube.com/
making activities. watch?v=05iG8iqFFTQ

Spending plans Scholars will: https://www.youtube.com/

Learn simple spending plans watch?v=1el4U_cve40
Be exposed to the purpose of spending plans.
https://www.youtube.com/
watch?v=58EuubFG9-c

7-10 Money Responsibility Money responsibility Scholars will: https://www.youtube.com/

Be introduced to the concept of being responsible for watch?v=IHDVnQg4T6c
managing money through accurate record-keeping.
Provide activities and worksheets that demonstrate https://www.youtube.com/
the need to be accountable for how they spend and watch?v=7j1QiQ3023Y
save money.
 PRACTICAL MONEY SKILLS (P.M.S) CURRICULUM GRADE SCHOOLS
1ST TERM
WEEKS THEMES SUB-TOPICS/ OBJECTIVES VIDEO LINKS
CONTENTS
1-4 Finance Introduction to finance Scholars will: https://www.youtube.com/watch?
i. Understand the meaning of finance v=jwx92POes_Q
ii. Know the three types of finance we have: personal, corporate
and public finance.
Financial Services Scholars will: https://www.youtube.com/watch?
i. Know that financial services are processes by which v=jwx92POes_Q
consumers and businesses acquire financial goods.
ii. State the importance of financial services
Financial Activities Scholars will: https://www.youtube.com/watch?
i. Know what financial activities are. v=pLFDvQxKtXg
ii. Be able to state the examples of financial activities.
iii. State the parties involved in financial activities.
5-6 Money The Subject of Money Scholars will: https://www.youtube.com/watch?
i. Define what money is and its importance v=Dg5fJGIzbp0
ii. Will understanding money- how to make it, and keep it.
iii. Know how essential money is to life, relationships, happiness https://www.youtube.com/watch?
and future. v=0_hxT1uOiLM
6-11 Money Skills What is money skills? Scholars will: https://www.youtube.com/watch?
i. Give the meaning of money skills v=Ke7vrPoVseI
ii. State examples.
 iii. Understand the value of money.
iv. Know the basic money skills https://www.youtube.com/watch?
v=JptcIw3H2Mg

https://www.youtube.com/watch?
v=KURQNm-Aqsc

Money skills 1: Value it Scholars will: https://www.youtube.com/watch?

i. Learn the necessity for work v=kv81uevfmUc
ii. Know the importance of charity
iii. Understand the need for saving https://www.youtube.com/watch?
iv. Know the power of accountability v=yBrRpb8aLwk

Money Skills 2: Control it Scholars will: https://www.youtube.com/watch?

i. Understand the system of controlling money v=yBrRpb8aLwk
ii. Learn strategic ways have overflowing prosperity
iii. Learn how to plan their purchase.
Money Skills 3: Save it Scholars will: https://www.youtube.com/watch?
i. Learn the secret to financial growth v=QlKB8Srdi0k
ii. See the need to save
iii. Be exposed to the major money saver. https://www.youtube.com/watch?
v=3m3-lMdIlJw
 PRACTICAL MONEY SKILLS (P.M.S) CURRICULUM FOR THE COLLEGE
1ST TERM
Weeks Modules Sub-Topics/ Objectives VIDEO LINKS
Contents
1-5 Introduction Meaning of financial literacy and Scholars will: https://www.youtube.com/
its importance i. Explain financial literacy. watch?v=SVDRizGKBAU
ii. State level of financial literacy and how it affects their
quality of life significantly.
iii. Understand money and how it works, it’s important to https://www.youtube.com/
understand common financial literacy principles such as; watch?v=RV0IewkrGtI
financial goals, budgeting, investments, superannuation,
contracts and employment models.

Money Scholars will: https://www.youtube.com/

i. Explain the meaning of money watch?v=AjTwcQYgISA
ii. Construe origin of money
iii. Illustrate how to use money
iv. Tell the value of money
v. Spell out characteristics of money
vi. Explain the nature of money.
 Money and Investment
Scholars will learn: https://www.youtube.com/
i. Smart way to grow money watch?v=nHeftor79cg
ii. When to invest
iii. How much their investments could earn
iv. How To Save A Year’s Worth Of Salary In Your 401(k) By https://www.youtube.com/
Age 30 watch?v=Dugn51K_6WA

Risk versus Reward Scholars will learn: https://www.youtube.com/

i. Risk and reward watch?v=mv5zucjq60k
ii. Risk/Reward Ratio
iii. How the Risk/Reward Ratio works
iv. Example of the Risk/Reward Ratio in use. https://www.youtube.com/
v. Competing Risk Free with #100,000 in virtual Cash. watch?v=yXHdvioH_QY

6-9 Day Trading Introduction Day trading and its basis Scholars will learn: https://www.youtube.com/
i. What is day trading, including its related topics and its watch?v=txWaMpSzHhM
risks
ii. Find out if you really want to day trade

Trading Strategies Scholars will learn: https://www.youtube.com/

i. Day trading strategies that make sense to them watch?v=D3XdZdknJuo
ii. How to test their day trading strategies

9-11 Money Management Money management Scholars will learn: https://www.youtube.com/

Models i. Why money management is important for day trading watch?v=wJB90G-tsgo
and the concept of risk of ruin
ii. The different money management models
iii. How to implement at least one money management https://www.youtube.com/
model watch?v=NbsPRR0BwlE

2ND TERM
WEEK MODULES SUB-TOPICS/ OBJECTIVES VIDEO LINKS
S CONTENTS
Budgeting Planning ahead and Scholars will learn: https://
spending wisely i. The difference between needs and wants. www.youtube.com/
ii. How to make budget and how to avoid watch?v=jzbJierKS2I
budgeting drawbacks.
iii. The importance of good spending habit. https://
 iv. How to control spending. www.youtube.com/
watch?v=AUgqwvqzgKs

House Budgeting- Our income Scholars will learn: https://www.youtube.com/

Plan ahead and i. How to identify different sources of income watch?v=wJB90G-tsgov
spend wisely. ii. (Salary, allowance, social care support,
scholarship/grant, etc.). https://www.youtube.com/
iii. How to distinguish new opportunities watch?v=mTi8ZQz0wpw
individual/family income in relation to
his/her family.
iv. Wish inflows should be perceived as
“available to spend”
v. The difference between regular and irregular
income.
vi. Be competence to explain spending by giving
examples.
Needs versus wishes Scholars will learn: https://
i. The difference between needs and wishes www.khanacademy.org/
ii. The distinction and the reasons for the humanities/hass-storytelling/
distinction. storytelling-pixar-in-a-box/ah-
iii. Why purchasing some items could satisfy piab-character/v/2-character
both
iv. Needs and Wishes https://www.youtube.com/
watch?v=J8P3sCooGg0
How to make household Scholars will learn:
budget and how to avoid i. Acquisition of skills on how to make his
budgeting drawbacks household budget https://www.youtube.com/
ii. The characteristics a budget should have watch?v=eUYKPtEXkN8
to avoid drawbacks
iii. Competent to understand the reasons of a
potential deficit and recalculate

The importance of good Scholars will learn:

spending habits i. How to track spending
ii. The importance of making wiser
spending decisions

Shopping practices Scholars will:

i. Acquires skills to draft a typical shopping
list and explain priorities
ii. Understands the advantages and
disadvantages of different types of
shops(large vs. small shops)
iii. Understands the term “value for money”
is competent to make wiser shopping
 decisions with reference to coupons,
sales, promotions etc
Controlling spending Scholars will:
i. Understands how spending can be
reduced knowing how to substitute an
item with a less costly one
ii. knows how he/she can conserve
resources and avoid waste
iii. Be able to do without buying some items
but by producing them on his own

WEEKS 3RD TERM

WEEKS THEMES SUB-TOPICS/CONTENTS OBJECTIVES VIDEO LINKS
1-5 Saving for the Goal settings and savings basics Scholars will:
Future i. Know generally what makes each goal
different and understands the importance of
prioritizing goals.
ii. understands the importance of developing a
savings attitude
iii. Knows the reasons that he should consider
for saving for the future.
iv. distinguishes short-term, mid-term and long-
term goals;
v. Be able to anticipate future events and
potential expenses

Ways to save Scholars will:

i. Knows about some saving options(deposit
account, saving account, money market
account etc.)
ii. Understands the advantages and
disadvantages of each saving option
iii. Be competent to suggest possible ways of
increasing his/her saving capacity

General Recommendations for Savings Scholars will:

i. knows how he/she can save money
ii. Understands what he/she needs to avoid in
order to save more money
iii. Becomes aware of the feasibility of saving.
How to Establish a Savings Plan Scholars will:
i. Knows how he/she can establish a savings
plan.
ii. Understands the importance of a savings
plan
iii. Be able to explain why and how a savings
plan can be part of his/her budget plan.

Saving options at Formal Scholars will:

Financial Institutions - Saving in Banks i. Define what a financial institution is and the
benefits of using services provided by
financial institution
ii. Acquire skills to select the best financial
institution for his/her needs and best kind of
savings account
iii. Acquire skills and knowledge to select the
 best kind of savings account for his/her
needs and ways of bank accounts usage
(money transfer, debit cards, ATM cards,
checks etc.)

6-8 Sensible Borrowing Debt Management: Handle with Care Borrowing. Scholars will:
i. Understand the basic meaning of financial
concepts related to borrowing money
ii. Have perspective over different sources of
money to borrow, understands the risk of
taking debt.
iii. Become aware of the importance of
borrowing conditions
iv. Understand why he/she is supposed to
borrow prudently
The Cost of Borrowing Scholars will:
i. Understand the meaning of cost of
borrowing.
ii. Know the difference between a lender and a
borrower.
iii. Be aware of he/she obligation taken.
iv. Be able to find or calculate the interest
payment.

Choosing a Lender and type of Loan Scholars will:

i. Become familiar with the options available
for borrowing money from the legal sources
(bank loan, credit card etc.)
ii. Understand the bank office procedure.
iii. Be able to find the best borrowing
alternative.

Scholars will:
Controlling Debt i. Be aware of risk of not being able to repay
the loan.
ii. Know how to behave to meet loan
requirements,
iii. Be aware of their rights, and whom to
contact for getting advice of protecting their
rights.
Increasing Your How you can increase your income Scholars will:
Income i. Know how to search for a job and submit a
job application (CV)
ii. Be aware of educational and training
possibilities

How to become an entrepreneur Scholars will:

i. Be aware of some different forms of
employment (entrepreneur, limited liability
Company etc.)
ii. Be aware of the support that he/she can
expect and knows how to find it
iii. Learn where to look for a business idea
iv. Be able to determine whether the business
idea is feasible and profitable
v. Understand the process of business
registration