Labels
BY:

Module 6: Creating Impactful Financial Literacy Sessions


Introduction

After mobilizing your school, launching the financial literacy club, and engaging stakeholders, it’s time to move into action, delivering the sessions that will change lives. These are not ordinary lessons; they are transformational tools that equip students with lifelong skills. This module is designed to help KAFI Changemakers like you deliver powerful, engaging, and practical financial literacy sessions that children and teenagers will never forget.

You’ll learn how to use relatable stories, visuals, games, and examples from the students’ daily lives to make learning stick. The goal isn’t just to inform but it’s to inspire new money habits and bold thinking in young minds.

Learning Objectives

By the end of this module, you will be able to:

  • Plan and structure impactful financial literacy lessons using the KAFI method.
  • Deliver sessions that are age-appropriate, engaging, and easy to understand.
  • Apply storytelling, real-life examples, and interactive tools to your teaching.
  • Encourage student participation and practical application.
  • Assess impact and gather feedback to improve future sessions.

What Makes a Financial Literacy Session Impactful?

An impactful session is not measured by how much content you teach, but by how deeply your learners connect with the message and begin to make changes in their thinking or behavior. For a session to have real impact, it must:

  • Be student-centered, focusing on the learners' experiences and realities.
  • Use relatable content—examples drawn from their family, school, community, and culture.
  • Be practical, offering real-life applications that students can practice immediately.
  • Be interactive, involving dialogue, creativity, and active participation.
  • Be action-oriented, prompting students to apply what they've learned after the session.

The KAFI 5E Model for Session Delivery

We recommend a 5-step approach to every financial literacy session. This is called the KAFI 5E Model, and it stands for: Engage, Explore, Explain, Elaborate, and Evaluate.

1. Engage (5 minutes)

Start your session with a hook that grabs attention and curiosity. This could be a question like, “Have you ever run out of money before the end of the week?” or “Who here thinks it’s better to spend all your money now than save it?” You can also use a short game, a skit, a riddle, or a surprising fact about money.

2. Explore (10–15 minutes)

Now, dive into the topic using stories, case studies, or everyday scenarios. For example, tell a story about two friends: one who always spends everything at once and another who saves part of their money. Discuss the outcome of their choices. Use examples from your own life, your community, or even fictional characters from KAFI books and games.

3. Explain (10 minutes)

Break down the core financial literacy concept you are teaching. Use simple language, define key terms clearly (e.g., savings, budget, income), and explain why the concept matters in everyday life. Use repetition to reinforce the message, and connect it to what students already know.

4. Elaborate (10–15 minutes)

Give students the opportunity to practice or apply the concept. This could be through a role-play, group discussion, drawing, storytelling, or solving a real-life problem. For example, you can ask them to design a budget with their weekly allowance or map out a savings goal for something they want to buy.

5. Evaluate (5–10 minutes)

Close the session by reviewing what they’ve learned. Ask 3–5 short questions to test understanding, or conduct a mini quiz. You can also ask students to write down one thing they’ll start doing differently. Encourage journaling or reflection and assign a simple money-related task they can try at home.

Example Session Plan: "Save Before You Spend"

Let’s walk through a sample session plan using the KAFI 5E method. The topic is “Save Before You Spend,” and it is designed for children aged 9 to 13.

Engage: Ask the question, “If you were given ₦1000 today, what would you do with it?” Listen to responses and follow up with, “Would anyone think about saving part of it before spending?”

Explore: Share a short story about two students. One spends all his money on snacks and forgets to buy his school project materials. The other saves a portion every week and is able to buy a bicycle after three months.

Explain: Discuss the meaning of saving. Emphasize that saving is simply keeping part of your money for later instead of spending it all at once. Explain the benefits: being ready for emergencies, buying bigger things in the future, and reducing stress.

Elaborate: Ask students to draw a simple jar and label it “My Savings Jar.” Then, give them a mock budget of ₦500. Ask them how they would divide it into spending, saving, and giving. Allow students to share and explain their choices.

Evaluate: Ask students what they learned about saving. Ask them to share one new idea they will try this week. Challenge them to save ₦100 from their weekly allowance and report their success next time.

Engagement Tips for KAFI Changemakers

Here are some tips to make your sessions come alive:

  • Speak with energy and confidence: Use expressive gestures, eye contact, and a friendly tone.
  • Use local language and slang when necessary to connect better with your learners.
  • Be visual: Use drawings, props, flashcards, or even digital slides when available.
  • Use real-life examples: Relate every concept to something students see at home or around them.
  • Encourage participation: Ask open-ended questions. Let students share stories or teach each other.
  • Celebrate responses: Clap for good answers and encourage every attempt.

Adapting to Different Age Groups

When working with younger children (ages 6–8), simplify your language and focus on basic topics like identifying money, needs vs. wants, and saving coins. Use songs, storytelling, or drawing activities to teach. For ages 9–12, introduce budgeting, saving, and earning. For teens, go deeper into topics like digital money, profit and loss, entrepreneurship, and long-term financial planning. Always adjust your examples and pace to fit your audience.

Using KAFI Storybooks and Games

KAFI Africa has developed books and games to help you:

  • Use Kojo: Secrets of Budgeting to explain how young people can plan their spending.
  • Use Time is Money to show how time and money management go hand in hand.
  • Use The Millionaire Teacher to teach older students about income streams, money mindset, and more.
  • Use KAFI card games and board games to make learning about budgeting, investing, or goal-setting fun.

Storytelling creates emotional connection. Games reinforce key points and introduce friendly competition.

Letting Students Lead

Encourage students to take the lead sometimes. Assign a student to read the “money quote of the week,” lead a short savings pledge, tell a story, or quiz the class. This builds confidence and reinforces learning for everyone.

Assessing Session Impact

You don’t need complicated tools to measure the success of a session. Here’s what you can do:

  • Observe students’ engagement and participation.
  • Ask questions after each topic and listen to their responses.
  • Encourage reflections or mini-journals.
  • Ask teachers or parents if they’ve noticed behavior changes in students.
  • Assign a real-world money challenge and track who completes it.

Assignment for KAFI Changemakers

Choose one topic from the KAFI curriculum e.g., Spending Wisely. Develop a full session using the KAFI 5E model. Deliver the session at your school and write a reflection of 250–500 words answering the following:

  • What went well in your session?
  • What challenges did you face?
  • How did the students respond?
  • What will you improve in your next session?


Labels:

Comments

Post a Comment