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The Learning Success Blog

Tips for Teaching Older Children about Finances and Taxes

Posted by Jane Shearer on August 3, 2020 at 10:01 AM

A lack of financial literacy can have major consequences that last a lifetime, yet around 50% of Australians struggle with financial literacy as reported in a Household, Income and Labour Dynamics in Australia (HILDA) survey. The problem is more pronounced in women than in men.

In the survey, 50% of men obtained a 5/5 score when asked five basic financial questions, while only 35% of women achieve this score. Financial literacy is not something that should be left until after school or university, since many Australians will have to make decisions on aspects such as student loans when they are young.

How can you help your child build a good financial base so they can be aware of the consequences of issues like the type of loans they take or the importance of paying taxes when they are due?

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Topics: Literacy & Numeracy

Help Your Kids Learn Key Life Skills Through Games And Role Play

Posted by Jane Shearer on July 22, 2020 at 3:00 PM

With millions of Australian kids back in school, learning has been kicked into high gear as the country’s children try to make up for any lost time in the classroom. While experts have reiterated the importance of classroom learning in a child’s education, there is also plenty of learning opportunities beyond the traditional classroom setting.

For years, studies have shown the benefits of play to a child’s development and provide a great platform for encouraging learning and bonding at home. From developing their financial skills at home to encouraging the growth of their social skills, here is how parents can use role play and games to teach their child key life skills and support their classroom learning.

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Topics: Attention, Following Instructions, Social Skills, Learning, Listening Skills, Social & Emotional Learning, Literacy & Numeracy

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