Jack’s New Skateboard is a one-hour financial education lesson designed for students working at Level 2-3 of the curriculum. In this lesson, ten year old Jack is saving for a new skateboard. Students will explore the concepts of assets and net worth, and will see how Jack’s knowledge, skills and values enable him to achieve his financial goals.
Through Jack’s New Skateboard, students will
- Understand how people use their time and labour to earn an income
- Understand people have an economic role to earn income, spend and save
- Understand people make financial choices to meet their needs and wants
This resource has strong links to the Social Sciences and English curriculum areas. It also helps students to understand concepts such as income, credit, consumption and decision making. This resource also helps teachers deliver the key competencies.
Jack's New SkateboardDownload overview
Students taking part will
- Read and discuss the story about Jack
- Write simple sentence to describe Jack’s actions
- Compare their sentences with others to create a profile of Jack
- Work with the class to complete Jack’s Statement of Financial Position
- List the pros and cons of having a savings goal