Financial education in elementary school talks about four big ideas: saving money, spending it wisely, understanding loans and credit, managing risks, and learning about investment. Here's what each part means:

• Saving and Spending: Learning the difference between what you need and what you want, how to make smart choices when buying things, keeping track of your money, and understanding that what you earn minus what you save is what you can spend.

• Loans and Credit: Knowing when it's okay to borrow money, what it means to have good credit, and why it's important.

• Risk and Risk Management: Understanding what risks are, how to handle them, and why insurance can be helpful.

• Investment: The difference between saving your money and using it to make more money, including spending on yourself to learn new things or improve.