It’s easy to reprimand someone when they do something wrong, it’s much harder to praise them when they do something right
Students who grow up feeling good about themselves and their decisions develop healthy self-esteem and can feel good about their accomplishments. Using positive reinforcement can increase motivation to exceed expectations rather than get by with the minimum effort required to avoid punishment. Economis builds on that by allowing adults to give merits to students for their good work.
Lessons on financial literacy follow an important timeline throughout a student’s educational career.
Upper Elementary children learn basic financial concepts such as wants and needs, and how earning money can help them purchase the things they want.
In middle school, students learn to examine how personal financial decisions affect their quality of life, as well as how the decisions they make may impact their world around them.
When students enter high school, they are ready to explore complex issues related to personal financial literacy that include the consequences of making bad investments, making long-term saving and budgeting plans.
These lessons prepare them for the promise and perils of the financial independence they will begin to experience in college or a career.