Understanding compound interest (what it is and how it works) is a big part of this kit. What percentage of your students demonstrated a clear understanding of the power of compound interest by the end of the learning?
60%-75%
How easy did your students find the Sorted Calculators to use?
Which part/s of the kit did you find the most useful in supporting you to teach financial literacy and why?
Students especially enjoyed the role-play using the envelopes provided. Each group received an envelope and worked through real-life scenarios.
How would you rate the change in your own understanding of compound interest, KiwiSaver and debt, prior to engaging with this kit?
Can you share any standout moments or student reactions while using the kit?
They were really shocked when they realize they are big spenders and were spending more than they earned.
How have conversations in your classroom changed over the course of teaching this kit?
Students also realised that saving isn’t always straightforward, sometimes you can lose money when taking high-risk options.
How would you rate the change in your students understanding of compound interest, KiwiSaver and debt prior to engaging with this kit?
How useful would you say the kit was at extending students overall financial literacy?