Tuesday, September 25, 2007

Money and Payments

In the past week, I've become aware of two resources that can help teach about different aspects of money and the payment mechanism. The first is fairly straight-forward. The first comes courtesy of a press announcement from the Board of Governors of the Federal Reserve System. I know it was picked up in many newspapers, but you may not have had time to follow up. Now you have another opportunity. The Bureau of Engraving and Printing unveiled the new design for the $5 bill, and a new website that includes educational materials and activities, as well as interactives. Those of you who work with students on money, currency and coin might want to look these over. Additionally, when teaching about money, some teachers will spend time discussing characteristics. If you're one of those, remember money must be recognizable. Showing the new currency and its features will assist in that regard.

The second resource is one that may have been around for a while, but I just ran into it recently. There is now an Electronic Banking edition of Monopoly. I would think this could be integrated into an upper elementary or even middle school environment with the proper preparation, and it would help student learn the ins and outs of money management in an electronic environment.

Please share your thoughts on these resources.

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