FINANCIAL LITERACY AND ITS PLACE IN PREPARATORY SCHOOLS
During the past 18 months, I have had the pleasure of meeting several budding entrepreneurs. Girls as young as nine have made appointments to see me to launch their next grand business proposal. I have been very impressed by their business etiquette, inspiring presentations and preparation. Every proposal brought to my attention has shown a drive to contribute meaningfully to community initiatives too.
Our students are becoming increasingly interested in business principles. As schools we should begin teaching financial literacy not only because the interest is high but because it is essential for future financial competency as adults.
A recent blog written for Inside Education by Mduduzi Luthuli, an Investment Manager at Luthuli Capital, reinforces the desperate need for financial literacy to be taught in schools. He writes that “Many young people can be empowered and equipped with the knowledge, skills and confidence to take charge of their lives and build a more secure future for themselves and their families. More needs to be done and it starts by changing our education system.”
Imagine an education system which empowered women to take charge of their financial futures just by understanding key business principles. At a preparatory school level this needs to be done through practical experience, games and initiating ideas through thinking skills frameworks in a safe, secure environment.
Next week we launch our very first Entrepreneurship Week. This aims to provide opportunities for our students to really start experiencing developmentally appropriate financial literacy skills (details below). Thank you to our parents who have partnered with us in making this an inspiring week for our girls. Our Grade 5 girls have also been involved in a full IBL programme called Real-Life 4 Kids this semester.
REAL-LIFE 4 KIDS
(Marisa Di Terlizzi)
Our Grade 5s have embarked on a very new and exciting programme as part of their IBL programme. This has been well-received by the girls and they are really enjoying the real-life lessons they are learning. Herewith an excerpt from the Real-Life4Kids website:
|The teaching through action and Real life approach ensures the children’s interest and enthusiasm for the game. Also included in the game:
Inyoni’s Market and Entrepreneurship Week 19 – 23 November:
Based on the interest shown by our students in wanting to sell things at school, we decided to hold this enrichment week to inspire, inform and give space for individual interests in this regard. The Thinking Drive team brainstormed and shared ideas with staff:
The conversation in each grade could revolve around the following, or similar, 5 questions:
- If you could open one kind of store around the corner, what would it be and why do you think it would be successful?
- Did the people at the supermarket today do anything to make you feel happy that you shop there? What would you do if you were in charge?
- What made you want to buy that fidget spinner (or any other toy, book or game they’ve received recently)? Was it word of mouth or an ad you saw or something else? Why do you think that worked?
- The Gap: What is an annoyance in your day to day life that a new product or service could fix? What do you think it would take to make that thing or provide that service?
- Do you think this restaurant is making a profit? Let’s do a quick back-of-the-envelope estimation of all their expenses and how much we think they might make in revenue each night. (This is a fun way to get them thinking about all the things business owners have to pay for — supplies, staff, electricity etc..).
The week will include:
- Assembly Launch. Guest entrepreneurs explain what the concept means and describe its value and challenges.
- Gr 3 – 7 vertical groups choose one of 9 inspirational sessions, including budgeting and financing, marketing, websites, finding the gap in the market, their story of perseverance, amongst others.
- LEAD/class teachers facilitate discussions regarding entrepreneurship – what stuck with you from talks?
- Use TASC wheel to guide process and Thinking Maps for planning
- Before tea break:
- Gr 0 – 4 will plan and make products to sell at Inyoni’s Market on Friday.
- Gr 7 will help their Gr 0 buddies to learn about money during the selling process
- Gr 5 – 7 will buy products from Gr 0 – 4 stalls
- After tea-break:
- Gr 5 – 7 exhibit their entrepreneurship ideas and prototypes. This will not involve sales, although, they may have items to taste or experience for their target market.
- Gr 0 – 4 go to the exhibition to experience and learn about their older peers ideas
- Close of day will be a reflection regarding what stuck with them and ideas for improvement for 2019.
Congratulations to the students who also participated in the Kingsmead Christmas Market. This was a wonderful success for all concerned. Thank you again to the PTA for role-modelling excellence during this event for our girls!
We congratulate Nthabiseng Maseko (Grade 0 class assistant) on completing her NQF4 Early Childhood Development Qualification. Nthabiseng has been mentored by Denise Schefermann in Gr 0D and has shown enormous growth in her teaching journey. We look forward to her continued growth as she completes her NQF 5 qualification.
Kim Lowman – Head: Junior School
Wednesday 14 November:
- Grade 1 – 3 Gala at APPS
Thursday 15 November:
- JS Inter schools Diving competition
- 14:00 Grade 2 – 7 2019 new girls orientation
- 17:30 – 18:30 Grade 0 and 1 Music Concert
Friday 16 November:
- JS Cross Country
Monday 19 November:
- JS Enrichment week
Tuesday 20 November:
- 08:30 – Grade 0 2020 Coffee Morning
- 17:30 – 18:30 Grade 2 and 3 Music Concert
ARTS AND MUSIC NEWS
|Thu 15 Nov||Grade 0 & 1 Music Concert||17h30 – 18h30||Rehearsal Space|
|Tue 20 Nov||Grade 2 & 3 Music Concert||17h30 – 18h30||Joel Hall|
|Thu 22 Nov||Grade 4 & 5 Music Concert||17h30 – 18h30||Joel Hall|
Elsabé Fourie – Director of Arts & Music
SPORT ENDS ON THE 23RD NOVEMBER 2018
IMPORTANT DATES TO REMEMBER
- 14 January 2019 08h00 – 12h00
- 15 January 2019 08h00 – 12h00
- 16 January 2019 Grade 3; 4; 5
- 17 January 2019 Grade 6; 7
We would like to congratulate the following pupils on their gymnastics achievements for 2018.
Grace competed class 1 in 2018 and achieved full Central Gauteng Gymnastics colours for her outstanding performance. She achieved the following results:
- Provincials: 3rd Overall on uneven bars, 5th Overall
- Nationals: 3rd Overall on Balance Beam
Jessica competed level 5 in 2018 and achieved full Central Gauteng Gymnastics colours for her outstanding performance. She achieved the following results:
- Regionals: 1st overall on Vault, 2nd overall on uneven Bars, 1st overall on
- balance Beam, 3rd overall on floor exercise, 2nd Overall at Regionals
- Provincials: 3rd Overall on Uneven Bars, 1st Overall on floor exercise and 3rd
- Overall. She was also selected to participate in the nationals.
Taryn competed Class 2 in 2018 and achieved full Central Gauteng Gymnastics colours. She was selected to go through to the provincials and Nationals competition in 2018.
Amelie competed Class 2 in 2018 and achieved full Central Gauteng Gymnastics colours. Amelie achieved the following results:
- Regionals: 4th overall at Regionals
- Provincials: 2nd Overall on uneven bars and 4th Overall for provincials
- Nationals: 3rd overall on floor exercise
Lucia competed Class 3 in 2018 and achieved full Central Gauteng Gymnastics colours. She achieved the following results:
- Regionals: 3rd Overall on Vault, 3rd Overall on uneven Bars, 2nd overall on
- Floor exercise.
- Provincials: 2nd Overall On vault, 3rd Overall on balance beam, 3rd overall on
- floor exercise.
- Nationals: 3rd overall on Balance beam. Lucia Sabbioni has been selected to represent Central Gauteng at an international competition in Serbia in 2018. Lucia leaves for
- Serbia on the 4th December 2018. We wish her all the best.
Diving Competition (8th November 2018)
Kingsmead College vs Brescia House
- 4th Mhile Ngani
- 3rd Grace Reese
- 2nd Lily Bona
- 3rd Ella De Goede
- 1st Rouxle O’Neill
- Gr 4B
- 4th Makhutsie Moloi
- 3rd Nicole Dyer
- 5th Lusanda Nazo
- 4th Hope Ngwenya
- 4th Matsie Mageza
- 3rd Bibi Peer
- 10th Nuhaa Mahommed
- 9th Victoria Staples
- 3rd Morgan Easter
- 2nd Zara Motala
- 1st Tessa Gutierrez-Garcia
- 6th Haana Patel
- 2nd Andza Mbelengwe
- 5th Scarlett Muirhead
- 4th Lesedi Moloi
- 3rd Elis O’Mara
- 6th Julia Aspoas
- 5th Katharine Jones
Please note that Kingsmead will not be taking part in any of the Inter School cross country meeting scheduled this term at St Peters. Training will continue as normal.