Fourth-grade students in Freeport Schools are getting a real-life lesson in financial literacy. Hofstra University has partnered with Capital One Bank for "Money & Me," an instructional program that gives students some practical lessons in personal money management.
"It's a wonderful program!" remarked fourth-grade teacher Ms. Casoria. "The classes love that they are in charge of a virtual savings account. I love that they are learning that math goes beyond the classroom, and that it is something they can use every day outside of school."
In a series of 12 lessons, students learn about wants versus needs, savings accounts, sources of income and expenses, budgets, checking accounts, credit and debit cards, inflation, and investments. Teachers are provided with extension lessons that incorporate both math and English Language Arts activities.
Capital One will also present a financial literacy workshop for parents at an upcoming PTA meeting.
