Teaching Children Financial Literacy
What is Financial Literacy?
Financial literacy is the ability to understand how you make money, manage money, and spend money.
Financial Literacy for Children:
Early training and financial literacy help establish healthy money management behaviour for the future. Teaching children how to save, spend, and share helps them to understand that money is limited and must be managed properly. Furthermore, teaching children that money is earned through hard work teaches them that money is not free and helps them to understand how work and money are connected.
Financial Literacy in the POP Club:
Our Power of Produce Club teaches children ages 5-12 that they must do ‘work’ to earn money. Each week they are required to complete an activity, the two-bite club, and fill out their passports in order to earn their $3 POP token. Children can then decide how they want to spend their token, or they can learn to save their tokens for future fruit and vegetable purchases at the farmers market.
On Sunday, August 11 our POP Club kids will be learning about earning, saving, and spending with a Financial Literacy activity. Learn more about the POP Club here and visit us at the market to register.
The POP Club is a farmer’s market-based kids program. Children (ages 5 – 12 years old) will learn about fruits and vegetables, local food systems and healthy food preparation through fun activities all season long.
Each week children will earn a $3 market token to use towards any fruit or vegetable of their choice. There is no cost to participate and the program runs every Sunday rain or shine!