Written by Erika Gillespie,
Director of Teaching and Learning, Lower School and Preschool
The Lower School celebrated our annual Financial Literacy Week with a series of learning experiences designed to build students’ understanding of money, decision-making, and responsible financial habits. The week began on January 16 with our Financial Literacy Week Assembly, where we welcomed guest speaker Justin Chung, host of the MoneyDad Podcast, who shared insights about the skill of giving and the four jobs of money (save, invest, spend, and give).
Classroom activities at each grade level took place throughout the week of January 19 to 23, with students exploring a variety of financial concepts.
In Junior Kindergarten, students explored big ideas such as how money is used to get things, the importance of making choices when spending, and keeping money safe. Through read-alouds, dramatic play in the classroom store, coin-counting activities, needs-versus-wants discussions, and the creation of personal wallets, students developed early financial awareness in meaningful and developmentally appropriate ways.
Senior Kindergarten students deepened their understanding of the value of coins and bills and practised using money in everyday situations through play. They also collaborated with Grade 5 students to support the promotion of a school charity initiative, connecting their financial learning to real-world community impact. A creative piggy bank design project further reinforced the concept of saving.
In Grade 1, students participated in All About Money, a virtual presentation from the Bank of Canada Museum. This interactive session explored what money was, why it was used, how it had changed over time, and the value and symbols of Canadian coins and bank notes.
Grade 2 students worked alongside the wonderful Deborah McMillan and her Knowledge Makes Cents company to complete the Making Cent™ – LITE program. Students discussed earned income, deposits, withdraws, and interest through play-based scenarios.
Our Grade 3 students also engaged in a workshop with Knowledge Makes Cents and discussed the concept of ‘Pay My-Future Self First’. Students explored good saving habits, how to budget, and the importance of giving back.
Grade 4 students took part in The Awesome Stuff Classroom Experience, an engaging, discussion-based activity that encouraged critical thinking about needs versus wants, saving for goals, charitable giving, and making thoughtful choices about money.
Finally, Grade 5 students engaged in a “Giving Back” unit, applying the skills they have gathered through their yearlong Classroom Economy signature programme as they planned a student-led hot chocolate stand fundraiser in support of North York Harvest Food Bank. After meeting with a representative from the organization, students applied budgeting, cost analysis, and marketing skills for their fundraiser. The culminating fundraiser will take place on Thursday, February 12, during our Valentine’s Day Civvies Day, with all proceeds being donated to the organization.
Financial Literacy Week is always a special week of learning in the Lower School that provides meaningful opportunities for students to be curious and develop essential life skills while connecting learning to real-world contexts and community involvement.
We, as Bayview Glen students, enjoy learning about Financial Literacy skills. Starting in Grade 4, we received our own Bank of Bayview Glen bank accounts and are challenged to spend and save our money wisely. We have learned that saving money for ourselves is important, but giving to others in need is also an important money skill to develop in life as well. To recognize giving, us Grade 5 students created a Hot Chocolate Stand business to raise money for our partners at North York Harvest Food Bank. The Hot Chocolate Stand will be operating on Thursday, February 12. We really value and enjoy the learning we do around financial literacy at Bayview Glen and know it will help our future selves.
Ellise and Sianna, Grade 5 Students