Students are interested to learn about cryptocurrency. This is somewhat unsurprising given the ‘get rich quick’ hype and range of well-marketed trading apps luring investors in. Trade of cryptocurrency is a largely unregulated process, and this leaves space for risky dealings. This article offers some simple orienting ideas to tune teachers into students’ learning needs in this area.
Students are digital natives and have access to complex and costly choices at their fingertips. Whether via their mobile phone, television remote control, or gaming console, they can accrue significant expenses in the name of entertainment. They are also subject to new forms of financial risk and deception, including unwanted calls and scam emails and texts. All of these ‘fintech’ (financial technology) developments and issues warrant teaching about.
Advice on money often boils down to simplistic messages about budgeting, understanding compound interest and avoiding debt. But research suggests financial decision-making depends as much on our values, expectations, emotions and family experiences as information taught at school. In short, the way people interact with money is highly complex and so the way we teach our kids needs to catch up.
Several states have banned bank branded financial education in schools, paving the way for school-led programs free from commercial interests. However, there is a growing number of providers pitching "solutions" to school leaders and teachers. This article outlines some guiding criteria to help school leaders strengthen their financial education programs.
Deakin University recently hosted a free networking event for people working to improve financial education at school. Listen to Carly reflect on recent developments in education policy, curriculum, and research with a focus on insights for teaching about money at school.
Carly recently helped shape Victorian senior secondary curricula that better supports the development of critical numeracy. This article explains some of the research and theory that guided the curriculum writers in developing exciting new curriculum frameworks.
For the first time, the new VCE Foundation Mathematics Study Design gives students the opportunity to continue their studies from Units 1 & 2 into Units 3 & 4. In this article we explain the key aims and features of this subject that will engage students, including the focus on financial mathematics and the use of digital technologies.
Maths prepares students for the ultimate test — life beyond school. As maths is everywhere, regardless of where life leads you, the more maths you learn at school, the better prepared you may be to understand the world. This article gives school students evidence-based advice for choosing subjects in their senior years.
How can we prepare a financially capable citizenry through school education? Watch Carly's opening keynote address at the Building Financially Capable Communities Conference in Auckland, November 2019. Hosted by the Westpac Massey Fin-Ed Centre.
Misguided trust has exposed vulnerable individuals to the moral hazard of the banks – and underscores the importance of improved financial regulation and education moving forward. This is why States and Territories are looking closely at financial education programs that teach children about money on the banks’ terms.