Financial Peace Junior

Last month, Young Scholars restarted the Financial Peace Junior program by Dave Ramsey. This program is implemented into the Prekindergarten through Advanced Junior Kindergarten classrooms over the course of the academic school year. There are 4 different categories that are included in the program: working, spending, savings, and giving.

We work on each area separately for two weeks at a time and go over each section in detail. The program includes a series of storybooks covering each area with the main character named Junior. So, if your kiddos are coming home talking about a boy who works for money named Junior, this is what they are talking about! A great opportunity to ask them questions about the story and how their job at school is going.

After all categories have been covered, we then combine them so that the kids are practicing each area simultaneously. In the past month, we have covered the working and spending areas. The kids were introduced into jobs within the classroom and have been practicing being held accountable and responsible for their job each day. Each day they do their job they are paid $1, if they do not complete their job for the day, they do not get paid. Just like in the real world, if you don’t show up for work you can’t make the money.

At the end of the week, the spending part comes into action, and they get to visit their classroom store where they get to put their money towards different little toys and prizes. We have had kiddos save $20 before! It’s a lot of fun for the kids and teaching them such amazing life skills at the same time!

In the next few months, savings and giving will come into the mix. Be sure to ask your child about what giving/savings project they are saving for! As a class, we get to vote on each option. Jobs change every week, so this is a great conversation point to make on Mondays after new jobs have been given! It’s the highlight of circle time!

Be proud of your preschooler! They are working hard!

 

Ms. Whitney
Curriculum Coordinator
Lead Pre-Kindergarten Teacher