Meet Penny, a curious and imaginative child who receives a piggy bank for her birthday.
Introduction to the concept of money and its uses.
2. Penny Earns Her First Coins
Penny helps around the house and neighbourhood, earning her first coins.
Explains different ways to earn money (chores, helping neighbours, selling old toys).
3. The Piggy Bank and Saving
Penny learns about saving as she puts her coins into the piggy bank.
Introduction to the concept of saving money for future needs and wants.
4. Penny’s Spending Journey
Penny sees a toy she wants to buy and contemplates spending her saved money.
Discusses impulse buying versus thoughtful spending and the importance of waiting.
5. Understanding Value
Penny compares the cost of different toys and what they offer.
Teaches children about value, quality, and making smart purchasing decisions.
6. Goal Setting and Saving Up
Penny sets a goal to buy a larger item she really wants.
Introduces the concept of setting financial goals and planning to achieve them through saving.
7. Achieving the Goal
Penny finally saves enough to buy the item and understands the effort and patience required.
Emphasizes the satisfaction and pride in achieving a goal through persistence and saving.
8. Paying It Forward
Penny decides to donate some of her savings to a charity.
Introduces the concept of generosity and giving to those in need.
9. Reflecting on the Journey
Penny reflects on her financial journey and what she has learned about money management.
Reinforces the lessons of saving, spending wisely, understanding value, and generosity.
10. Conclusion
Penny now looks forward to her next financial goal, feeling more confident and knowledgeable.
Encourages children to start their own journey with money, highlighting the fun and importance of financial literacy.