12 Anchor Charts to Help Teach Financial Literacy to Your Students


Financial literacy is an essential skill that helps children become responsible adults and make sound financial decisions throughout their lives. In order to teach financial literacy effectively, use these 12 anchor charts to visually communicate key concepts and foster a deeper understanding of money management for your students.

1. Wants vs. Needs:

This chart defines the difference between wants and needs, teaching students the importance of prioritizing their expenses based on necessity.

2. Savings Goals:

Help your students set SMART (Specific, Measurable, Achievable, Relevant, Time-bound) savings goals with this anchor chart, encouraging them to save money regularly.

3. Budgeting 101:

Introduce the concept of budgeting with a chart that outlines income, expenses, and savings categories. This chart demonstrates how assigning spending limits will help in managing money efficiently.

4: Types of Bank Accounts:

Explain the differences between checking accounts, savings accounts, and other banking options with this anchor chart.

5: Banking Services & Fees:

Educate your students about various banking services such as withdrawals, deposits, and transfers while making them aware of potential fees attached.

6: Credit vs. Debit:

This chart clearly differentiates between credit cards and debit cards while outlining advantages and disadvantages of each method of payment.

7: Interest Rates:

Teach your students about simple and compound interest rates to provide an understanding of why interest is a crucial factor to consider when borrowing or saving money.

8: Loan Terms & Conditions:

Dedicate an anchor chart that explains different types of loans, repayment options, and terms to familiarize students with the borrowing process.

9: The Power of Investing:

Introduce investment concepts like stocks, bonds, mutual funds, and retirement accounts through a visually appealing layout that emphasizes the benefits of long-term investing.

10: Taxes:

A tax-related anchor chart can simplify complex tax topics and explain the role of taxes in personal finance.

11: Insurance:

Explain the purpose of various insurance policies, such as health, auto, and life insurance, and how they provide financial protection against unexpected events.

12: Avoiding Financial Scams:

Equip your students with tools to identify potential financial scams and tips on how to report suspicious activities to prevent financial loss.


Using these 12 anchor charts as visual tools in your classroom can significantly elevate your students’ understanding of essential financial literacy concepts. These charts serve as a starting point for interactive and engaging discussions on money management that will foster responsible financial habits for years to come.