Jaffrey Public Library Wins Grant to Promote Financial Literacy Among Youth

May 20, 2024

Enhancing Youth Financial Education in Jaffrey

The Jaffrey Public Library has secured a significant grant from the American Library Association to deliver comprehensive financial education tailored specifically for young learners. This initiative places the library among three recipients within New Hampshire benefiting from national efforts to enhance financial literacy from an early age. The program, dubbed “Thinking Money for Kids,” aims to provide children aged 3 to 12 with foundational financial knowledge through engaging, educational activities.

Interactive Learning Tools and Program Details

As part of the grant, the Jaffrey Public Library will receive kits valued at $2,000, which include materials for hosting up to five distinct in-person learning experiences and a series of digital games accessible via Playaway Launchpad tablets. These tools are designed to introduce young participants to the basics of finance through simulations, interactive games, and activities focused on money mathematics. The program is set to commence this fall and will continue through the end of 2025, offering tailored experiences to different age groups to maximize engagement and learning outcomes.

Expanding Literacy Beyond Books

Julie Perrin, the Library Director, emphasizes the evolving role of libraries in addressing various forms of literacy, including financial literacy, which is becoming increasingly crucial in today’s digital-first economy. Perrin notes that while traditional money-handling skills like making change are diminishing, it’s essential to equip the younger generations with the financial acumen necessary for navigating modern economic landscapes. Through innovative programs like running a digital pizza parlor, children learn vital business mathematics in a fun, immersive way, reinforcing practical skills that are vital in the digital age.

By introducing these educational programs, the Jaffrey Public Library aims to bridge the gap in financial knowledge, ensuring that children develop sound financial habits and understanding from an early age. The library is scheduled to receive the grant resources this summer, with staff training to follow, ensuring that they are well-prepared to roll out these valuable educational sessions by September. This initiative not only reinforces the library’s commitment to comprehensive literacy but also fosters an environment where financial education is accessible and engaging for all young learners in the community.

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