News Release

NORTH WEBSTER — “Captain Cash,” an elementary school curriculum designed by Purdue Extension for third-grade students, recently sailed at North Webster Elementary.

During the voyage, 40 third-graders participated in classroom activities that helped them consider the following themes: “the more you learn the more you earn; every pay day save some cash away; there is an end to what you can spend; and for a safer tomorrow, be wise when you borrow.” Additionally, children’s books helped to bring the financial literacy program to life and also helped students learn that reading makes “cents.”

The students participated in hands-on interactive learning sessions to gain a better understanding of money concepts that will serve them throughout life.

Before the program, 66.5% of students knew that borrowed money had to be repaid. By the end, 92% understood this concept. Before the program, only 33% of students understood that they were required to pay back both the money they borrowed and the interest. By the end of the program, that figure was up to 76%. Similarly, just 60.5% of students recognized that those who invest in their education typically earn more. After the program, that number rose to 94.5%. The results highlight the power of the program in equipping students with financial knowledge.

If you would like to learn more about “Captain Cash” in your school or organization, or embark on a money voyage of your own, contact Shannon Shepherd at (574) 372-2340 or by email at [email protected].