A major priority for the Department of Basic Education (DBE) is to provide teachers with cost effective, readily usable resources for use in the classroom. Accordingly, the FSBSA developed resources for teachers with actual lesson plans for identified learning areas and subjects. The resources were designed in line with the requirements of the National Curriculum and were updated to be CAPS compliant. The resources targeted specific learning areas and subjects as well as specific grades and included lesson plans and possible assessments.
The following materials were developed:
Managing your Money: a Mathematical Literacy Resource for Teachers - Grades 10, 11 and 12.
The FSBSA, in partnership with the South African Insurance Association (SAIA), contracted a service provider to develop a Mathematical Literacy Resource, “Managing your Money”, for teachers of Grades 10, 11 and 12. The initial resource was a 36 page booklet for each of the grades and contained ten lessons on financial literacy that were compliant with the NCS for Mathematical Literacy. A total of 20 600 “Managing Your Money” resource files were printed and distributed at 123 workshops to 7 720 teachers between 2008 and 2010. In 2012, the resource was updated to be CAPS compliant. This entailed a rewrite to ensure content was still relevant. The updated resource included three 64-page booklets, one targeted at each of the three grades and included two posters, one depicting “money management rules” (grade 10) and “Who do I complain to?” (Grade 11). Sixty copies of updated resource were printed and distributed to the nine Provincial Departments of Education. In 2013 the resource and workshops were endorsed by the South African Council for Educators (SACE) and 15 Continual Professional Development (CPD) points will be awarded for teachers who attended the “Managing your Money” workshops.
Money in Action: a guide to personal financial management - Grades R to 12
The FSBSA in partnership with the Financial Service Consumer Education Foundation and the SAIA contracted e-Learning Laboratory (e-Lab) to develop the digital resource “Money in Action” for teachers and learners. The resource was endorsed by the Department of Basic Education (DoE) and was well received by teachers. With the introduction of the Curriculum Assessment and Policy Statements (CAPS) in 2013 the resource needed to be updated.
This rewrite was undertaken in conjunction with the DBE. The resource included a 71 page booklet consisting of ten activities across the three grades. The resource was also supplemented by a poster focussing on entrepreneurship with a supporting lesson. The booklet was presented in workshops with officials from the Provincial Departments of Education and district officials. Nine workshops, reaching 360 education officials were conducted nationwide, as part of the DBE CAPS orientation programme. The aim of the workshop was to assist officials on how to orientate teachers on the use of the resource. A total of 52.100 copies were printed and distributed to teachers nationwide.
A Financial Guide for Youth
The FSBSA, with the assistance of a professor at the University of South Africa, developed content for a Financial Guide for Youth. The FSBSA then contracted a service provider to design, lay out and print the booklet. Another service provider was contracted to conduct workshops in the nine provinces. In total 15 700 booklets were printed and 108 workshops were held with 3 010 attendees (Grade 12 school learners, school leavers, university students and first time workers/salary earners) from January to April 2009. The main topics in the booklet include: financial planning, banks and what they do, studying, working for yourself, working for someone else, and what do you do if you feel you’ve been cheated (recourse). The guide has proven a vital resource in all education programmes. Currently the FSBSA is undertaking a review of the Financial Guide for Youth to ensure it remains relevant and appealing to the target market. The review includes narrowing the age focus to 16-23 (from 16-35), reviewing the content to reflect recent developments in the financial sector, reviewing the design and layout and making the language more ‘youth appealing’.