Resource introduction to
Financial Identity
What is Financial Identity
Financial Identity is defined as the values, knowledge, skills and behaviours that influence how people manage money/moni to build personal or collective financial wellbeing.
What's in the resource package
This Financial Identity resource is designed to give you flexibility and choice. There are a range of resources to choose from, so schools and teachers can design programmes that allow:
- Students to work at their own pace using a Student Weekly Learning Schedule
- Teachers to design a programme that suits department, faculty or whole-school planning over a few weeks or a term. This will vary from school to school.
Learning outcomes can be adapted to reflect the distinct characteristics of students' lives, communities and aspirations. There are also supporting resources available, see further down for direct links.
Learning areas and assessment
This is an integrated, cross-curricular resource package, supporting the theme of Financial Identity. The resources can be used within specific learning areas such as social studies, maths, English or technology; or for cross-curricula or integrated studies inquiries. They can also be adapted to suit the requirements of different achievement objectives.
The Financial Identity resource package is structured around Sorted's themes of saving/te whakaputu, debt/nama, goals, and managing my money which can be easily identified by their theme colour as shown below. Some activities fit within all Sorted themes and can be identified by the colour orange.
Social sciences
Students explore the links between identity, culture and heritage – and the impact of this on their place in the economic world. Students can invite community input to explore a range of values and perspectives, consider responses and decisions, and explore what it means for themselves and their community.
Maths and statistics
Students are encouraged to apply mathematical skills and knowledge in a financial context. They explore their behaviours when managing their money/moni, spending, saving/te whakaputu and taking on debt/nama.
Technology
Students explore their habits with money/moni and where theirs is going, then use digital technologies to design a tool to educate others or to track their own financial capability journey.
English
Students analyse the effects of advertising on financial behaviours and identity. They explore how financial messages are conveyed through static images, and analyse their own spending, saving/te whakaputu, and money/moni management behaviours.
Using the resource package
The learning experiences and formative assessment tasks in this resource package are aligned to SOLO Taxonomy to ensure cohesion, constructive alignment and cognitive stretch for all students. This gives teachers and students choice throughout the learning and teaching process.
The resources allow for a differentiated curriculum approach. Depending on your classroom approach, you can select learning activities that meet your student learning outcomes, or students can select their own learning pathways and choose how they will present their work. They are encouraged to work at their own pace.
Once students go through the plan and highlight selected learning experiences aligned to their learning outcomes, they can download the Student Weekly Learning schedule, add their intended learning outcomes onto this document and place it on the school LMS system.
If you and your students are new to Financial Capability we recommend starting with the Essential Vocab Identity. You can start each individual lesson with the Discussion Starter or Thinklinkers as a “hook-in” learning activity.
Financial Identity Discussion Starter
The Discussion Starter randomly generates questions to promote discussions.
Q
What is your first memory of money/moni? What is the first thing you bought with your own money/moni?
Supporting Resources
Teachers and students can select from this range of tools and resources:
Future Briefs
A collaborative problem solving approach for groups of students to find solutions to financial issues that occur in a future setting. There are three future briefs and a teacher guide. If you do not want to use this as a problem solving activity you could read it as a “hook-in” activity or as a narr
Glossary
The Sorted in Schools glossary enables students to hover over words to show definition.
Infographics
The infographics, based on goal setting/whāinga paetae, managing your money/moni, saving/Te whakaputu and debt/nama have been designed to be printed and displayed in your classroom for student reference.
Needs and wants
There are two separate needs and wants resources. These are discussion tools to be used in a group setting to promote understanding and new insights. These are linked into the resource but can be used separately. Instructions for students are included on the resource.
PowerPoints
Goal setting/whāinga paetae, debt/nama, saving/Te whakaputu and managing your money/moni Powerpoint resources are designed to give students a reference for the key messages.
Spending Diary
Students are asked to keep a spending diary over a one week period with a follow up activity the following week.
Interactive video: Good Choices
An interactive series of videos that invite viewers to pause and ponder how they would react in the same situation as the actors.
Student Learning Schedule
Students can download the Student Weekly Learning Schedule onto a LMS so that they can personalise their learning.
Thinklinkers
A global perspective and deeper questioning learning experiences for students. Thinklinkers and teacher guide.
Download PDF
Equipping young people for their financial future, embedding good money habits early on.
Hāpaitia te ara tika, pūmau ai te rangatiratanga mo ngā uri whakatipu.