Teaching Financial Literacy through Participatory Budgeting
Teaching Financial Literacy through Participatory Budgeting
What is the best way to teach good financial decision making to students? We —at FirstRoot— believe that the best way to teach students how to manage money, is by giving them real money to manage. How? Through Participatory Budgeting. Take a look at our Financial Literacy approach using the FirstRoot App and Curriculum.
Why does FirstRoot talk about “Participatory Budgeting (PB) Cycles” and not “PB Projects,” “PB Events,” or “PB Workshops”? Cycle n. – “a series of events repeated on a regular basis” Participatory budgeting is most effective when performed on a ...
Thank you for deciding to bring FirstRoot along with you as you make your journey through a Participatory Budgeting (PB) Cycle at your school! If you’ve made it this far we’re going to assume you are at least somewhat familiar with Participatory ...
Setting the PB cycle schedule defines the starting and ending dates for each phase. This helps students plan their activities as they know in advance how much time is allocated for each phase When setting the schedule, is helpful to take into account ...
FirstRoot is the world’s first platform for collaborative financial decision making in schools. With the FirstRoot app, students work together to invest real money on projects that they create. FirstRoot’s app follows the principles of Participatory ...
Think of the PB Theme as the Title of your PB Cycle. There are a few reasons the PB Cycle theme is important: A theme inspires ideas – Humans often have a hard time creating something from nothing. It’s far easier for a student to expand upon a ...