Money Smart Kids <virtual> Magic Show 2021!

Dear Michigan educator,

Due to the COVID-19 pandemic, our much-loved Money Smart Kids Magic Show for elementary  schools is being converted to an online, on-demand, format! Instead of delivering an in-person  45-minute school-wide assembly, the Show is being produced into a multi-segment recorded  program available 24/7, April 1–30, 2021.

Links to each of the 5-minute Show segments, as well as the entire 40-minute Show, will be  emailed to teachers/classrooms/schools who register for our Money Smart Kids Magic Show.  We're especially hoping to connect with schools that serve low-to-moderate-income students.  (LMI)

This is an exciting new opportunity for Michigan's schools to safely bring financial literacy to  students in a fun and educational way, and is a great supplement to current instruction. You  may have students watch the entire 40-minute Show at one time, or you can use the segments  over several days...whatever works for you!  

What you need to know:  

TIMING: April 1 - 30, 2021. On dates/times of your choosing!

LOCATION: Online. Virtual. On-demand. On/around March 15th, hyperlinks to recorded  segments will be emailed to educators who've registered here.

QUESTIONS? Contact Kelly Masters, Michigan Financial Wellness Network, at  MoneySmartMichigan@gmail.com.  

OTHER: To learn about the Money Smart Michigan initiative, and our Michigan Financial  Wellness Network, visit https://moneysmartmichigan.weebly.com/.

JOIN US on social media: https://www.facebook.com/moneysmartmichigan &  https://twitter.com/MImoneySmart.

NOTE: Our Money Smart Kids (virtual) Magic Show can be used by both in-building  teachers, and those delivering instruction virtually.  

Special thanks to our generous underwriting partner, Ally Financial, for making this possible!  Because of Ally's financial support, there is no cost to your school or district for participation.

TO REGISTER FOR THE 2021 MONEY SMART KIDS MAGIC SHOW and RECEIVE LINKS TO THE  SEGMENTS, CLICK HERE and COMPLETE THE ONLINE GOOGLE FORM:

https://docs.google.com/forms/d/e/1FAIpQLScDITM9qWl7CofrdHvIM81QhcTQ6XB RUojPSrFt9aDTeWEhg/viewform?usp=pp_url 

Please direct questions to Kelly Masters: MoneySmartMichigan@gmail.com

Money Smart Kids <virtual> Magic Show 2021!

APPENDIX:  

Money Smart Kids Magic Show Overview

Thanks to our generous underwriting partner, Ally Financial, there is no cost to your school or district for  hosting the Michigan Financial Wellness Network’s (VIRTUAL) Money Smart Kids Magic Show, during  Money Smart Michigan Month, April 1-30!

Money Smart Kids Magic Show introduction:  

Each Money Smart Kids Magic Show (Show) segment is roughly 5.5 minutes long, and uses magic and  comedy to explain money concepts to help kids remember each money lesson. Each registered  elementary school partner is given access to all individual segments which are in the form of youtube  videos that can be shown individually, a few at a time, or all at once as a 40-minute program. The  specifics of implementation is up to you – our educator partner. This flexibility is intentional, to make it  as easy as possible for you to fit these fun and magical money lessons into your Money Smart Michigan  Month plans! (April 1-30, 2021)

Audience:

Although our Money Smart Kids Magic Show is geared toward Kindergarten thru 5th grade, it can easily  be scaled up or down in complexity with supplemental activities and discussion.  

SHOW SEGMENT OVERVIEW

“Howdy kids! If you want to beat your friends in a video game, you might use a gaming guide to learn  tips and beat them in the smartest, easiest way possible. The Money Smart Kids Magic Show is like that  guide – to help you make smart money choices now and in the future – explaining money concepts and  giving smart tips to help you earn, save, spend, give, and invest your money.”

1 – Earn Money: Before you can do anything with your money, you have to earn it. As a kid or grown up, you can provide goods or services on your own or for a company. You put in hours of work and earn  a wage. To demonstrate, magician Joel Tacey makes coins appear out of thin air!

2 – Saving Money: Once you earn money, the first thing to do is save some. By saving, you’ll have  money any time you need it, just for fun or even for an emergency. You might keep money under your  bed or in an account with a bank or credit union, who will store it in a safe. To demonstrate, Joel makes  a giant quarter disappear from a large safe…with a surprise magical ending!

3 – Needs vs Wants: Now that you have earned and saved some money, it’s time to spend it! It’s smart  to spend money first on your everyday needs: food, clothing, shelter (home), and transportation. Then,  you can satisfy your desire for things you want: candy, video games, a bike, etc. To demonstrate, Joel  plays a magical guessing game involving video games and pizza…can you beat Joel at his own game?

4 – Goods & Services: a “service” is something a business does for you, like cutting your hair or fixing  your house. A "good" is a physical item that a business makes and you buy. To demonstrate, Joel  magically turns a rough wooden stick into a shiny new magic wand using nothing but an empty box and  your imagination!

Money Smart Kids <virtual> Magic Show 2021!

5 – Producers & Consumers: Producers are the businesses that make the goods or offer the services we  buy. Consumers are the people who buy these goods and services. These groups make up the  marketplace, and your job as a consumer is to be smart with the money you earn and not waste it. To  demonstrate, Joel takes viewers on a trip to a silly circus full of wacky performers and amazing surprises!

6 – Investing: If you collect Pokémon cards, stuffed animals, or even rocks, you know that sometimes  these things can become worth more than you paid. That’s the idea of investing! But people don’t  invest in rocks, they invest in producers by buying a small piece of a business, called a stock (a paper  that officially says you own a part of that company). If the business produces well enough, the stock  becomes worth more than they paid. To demonstrate, Joel makes money grow and invisibly fly from  one hand to another!

7 – Factors of Production: Goods are made and shipped all over the world from factories. All factories  need these important Factors of Production to work: land, labor, capital (money). To demonstrate, Joel  uses a magical mini factory to produce goods on the spot including cell phones, toys, and more!

8 – Scarcity & Choice: No matter how much money you have to spend, it’s limited and so are the goods  and services you want to buy. That’s the idea behind “scarcity & choice:” you have to make smart  choices with the limited options in front of you, because once the money/goods are gone, there are no  do-overs. Maybe your family is saving for a vacation: should you spend all your money on a big trip to  somewhere far away? Or go somewhere closer to have fun and save some money just in case? To  demonstrate, Joel vanishes a person, sending them on a vacation they’ll never forget, then magically  brings them right back!

ADDITIONAL INFORMATION ABOUT  

Money Smart Kids Magic Show registration.

the Michigan Financial Wellness Network, our Money Smart Michigan initiative, and the  Money Smart Michigan Month campaign (April):

o Website 

o Facebook 

o Twitter 

o Email: MoneySmartMichigan@gmail.com