Financial Fridays
Livestream Learning Studio is a live, award-winning, year-long school subscription service that delivers financial literacy education through the thrill of the creative arts.
With weekly virtual theatre programs and supplemental curriculum for grades 3-5, the Studio delivers dynamic e-learning experiences that align with state and national education standards.
We all know that live, interactive learning resources work best in the classroom – and we have the data to prove it. Now Livestream Learning Studio can teach live at scale using our proprietary technology, delivering:
Plus 64 virtual live experiences throughout the school year, all accessible through our event portal
RESOURCES
Professional development and lesson plans for educators included
INTERACTION
Live hosts who provide interactive learning and classroom activities
OF USE
No additional tech or IT involvement needed!
The Studio comes from the minds behind The National Theatre for Children (NTC), which has been delivering effective K-12 education programs to schools since 1978. Both Livestream Learning Studio and NTC know that educational programs enhanced by the creative arts deliver learning through laughter. That’s especially important in the world of financial literacy: encouraging students to spend and save wisely at an early age sets them up for success later in life.
Through live, interactive theatre, standards-aligned activities and readymade lesson plans, the Studio delivers easy-to-use lessons that not only educate students in the world of financial literacy – they also excite and inspire them.
Financial Planning
- Making smart financial decisions
- Why saving for the future is important
- The difference between needs and wants
- Understanding opportunity cost
- The impacts of overspending
- How to develop a budget
National Standards for Financial Literacy – Jump$tart Coalition
Spending and Saving:
1.Develop a plan for spending and saving.
2. Use a personal financial plan.
- The difference between banks and credit unions
- The difference between credit and debit
- Costs and benefits of different types of credit
- How minimum payments affect credit balances
- How to use new and different payment methods
National Standards for Financial Literacy – Jump$tart Coalition
Spending 4.6:
1. Payment methods for making purchases include cash, checks, debit cards and credit cards.
Saving 4.5:
1. Financial institutions often pay interest on deposit accounts to attract customers to deposit money in their institution.
Credit 4.1:
1. Interest is the price a borrower pays for using someone else’s money and the income earned by the lender.
Credit 4.2:
1. When a person pays with credit, they have immediate use of purchased goods or services while agreeing to repay the lender in the future with interest.
Consumer Protection
- Different sources of consumer information
- The importance of pre-purchase research
- Comparing prices from different sources
- How role models and peer pressure affect spending
- Advertisers’ claims vs. reality
- The power of influential marketing
National Standards for Financial Literacy – Jump$tart Coalition
Spending 4.1:
People differ in their preferences, priorities and resources available for consuming goods and services.
Spending 4.4:
Purchasing decisions have costs and benefits that can be different for different people.
Spending 4.5:
Price, spending choices of others, peer pressure and advertising about a product or service can influence purchase decisions.
- How to plan and achieve financial goals
- How investing builds wealth for the future
- Different options for investing
- Loans and potential borrowing problems
- Simple and compound interest
National Standards for Financial Literacy – Jump$tart Coalition
Investing 4.1a. Explain why people invest their money.
Investing 4.1b. Identify long-term financial goals that are most likely to be achieved by people who regularly invest their money over many years.
Investing 4.2a. Identify the similarities and differences between saving and investing.
Investing 4.2b. Provide examples of financial goals that are suited for saving versus investing.
- How to be prepared for financial risk in everyday life
- Different types of insurance
- How risk and insurance are related
- The importance of creating agreements or contracts
- The risks associated with being uninsured
National Standards for Financial Literacy – Jump$tart Coalition
Managing Risk 4-1a. Give examples of risks that people and households face.
Managing Risk 4-1b. Identify why people take risks.
Managing Risk 4-1c. Estimate the losses and costs associated with certain physical and financial risks.
Managing Risk 4-1d. Describe how valuable personal items might be lost or damaged.
Managing Risk 4-2a. Recommend ways to reduce or avoid a given risk.
Managing Risk 4-2b. Identify types of risks that are difficult or impossible for people to reduce or avoid.
Managing Risk 4-3a. Give examples of life events for which emergency savings could offset financial losses.
Managing Risk 4-3b. Develop a system to keep track of personal items and handle small amounts of money.
Managing Risk 4-4a. Provide examples of large financial risks that people buy insurance for (e.g., health, auto, fire).
Managing Risk 4-4b. Investigate the types of insurance commonly available for people to purchase.
- How to make purchasing decisions online
- Researching online vendors before purchasing
- New forms of online/digital payments
- Potential impacts of overspending online
- How to control your personal information online
National Standards for Financial Literacy – Jump$tart Coalition
Spending 4-6a. Explain the similarities between paying for purchases with cash, checks and debit cards.
Managing Risk 4-2a. Recommend ways to reduce or avoid a given risk.
Managing Risk 4-2b. Identify types of risks that are difficult or impossible for people to reduce or avoid.
- How skills and education affect what kind of job you have
- Various kinds of employment
- The difference between a job and a career
- Various jobs within your dream career
- The risks and benefits of entrepreneurship
National Standards for Financial Literacy – Jump$tart Coalition
Earning Income 4-1a. List different types of jobs.
Earning Income 4-1b. Discuss the types of knowledge, skills, interests and experience required for different types of jobs.
Earning Income 4-2a. Give examples of how an individual’s knowledge, skills and experience could affect their ability to earn income.
Earning Income 4-2b. Brainstorm ways to improve one’s ability to earn income.
Earning Income 4-4a. List several businesses they would be interested in owning as an entrepreneur.
Earning Income 4-4b. Name several famous entrepreneurs and their businesses, and hypothesize why they succeeded or failed.
Earning Income 4-4c. Estimate how much income could be earned from a business operated by children (such as a lawn service or lemonade stand).
- Different kinds of income
- Benefits employees can receive
- What are taxes and deductions
- How to balance income with expenditures
National Standards for Financial Literacy – Jump$tart Coalition
Earning Income 4-3a. Explain why employers pay people for their labor.
Earning Income 4-3b. Describe the difference between wages, salaries, commissions and tips.
Earning Income 4-3c. Compare how the following individuals are typically paid: food server, teacher and realtor.
Earning Income 4-6a. Explain the possible reasons for gifting money to others.
Earning Income 4-6b. Discuss the pros and cons of families/caregivers paying their children a weekly allowance.
Earning Income 4-7a. Describe examples of government-provided goods and services that are paid for with taxes.
Earning Income 4-7b. Explain why citizens are required to contribute to the cost of fire protection, police, public libraries and schools.
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