The Central Council for Financial Services Information (CCFSI) publishes financial educational materials and videos and provides information on their website to support financial education. CCFSI involves experienced teachers in developing educational materials and organises editorial committees with excellent teachers and principals as well as scholars and lawyers. The materials reflect the opinions and best practices provided by the teachers. Effective teaching practices have been selected from hundreds of practices reported from designated research schools on financial education. They are also selected from research papers written by experienced teachers and submitted to the public education centres. Effective practices for financial education are provided for most subjects including social studies, home economics, homeroom activities, integrated studies, moral education, mathematics, Japanese language and the arts.
Various activities have been found to be effective in fostering students’ interest and deepening their understanding, including role-playing, introducing real-life-scenario activities such as auctions or exchanges, cultivation and sales of vegetables, setting up and running a company.
The following guides have been produced for teachers: Beginners Guide to Financial Education, Financial Education Programme and the Financial Education Guidebook. These guides provide examples of effective practice in financial education and include worksheets developed by teachers that users can easily copy or download to use with their own students.
The following are the most popular student resources, some of which have been produced with accompanying teacher guides:
- • “Are You Really Rich?”: A resource mainly for high school and college students and adults. It provides basic knowledge on various types of credit cards, contracts, interest rates, and guarantees. It also nurtures sound attitudes toward money which helps averting multiple debt problems. It provides advice on how to solve such problems. The teacher’s guide describes the aims of the resource and practical ways to use the educational material. It also explains terminology, related laws, and social background related to multiple debt problems.
- • “You are Self-Reliant Now”: Workbook developed to provide students with basic economic knowledge necessary to live self-reliantly. Teacher’s guide provides the same kind of information as explained above.
- • Pocket Money Account Book: A small notebook for recording personal money. This is also provided for primary school pupils as an educational material at their teachers’ request.
- • “What would you do if you got 1 000 000 yen?”: a cartoon booklet for pupils of primary and secondary schools. It explains the role of money and gives knowledge on contracts and various types of credit cards using cartoons so that pupils can enjoy studying.
- • Educational videos: for kindergarten, primary, secondary, and high school students and for adults.
Materials are sent to schools free of charge upon request by teachers and about seven hundred thousand copies have been published and distributed of the most popular materials.