QR Challenge: Financial Literacy Day QR Codes
Teacher Notes
A. Prior to the lesson:
1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.
2. If their phone camera doesn't automatically detect and decode QR codes, ask students to
- Download a QR reader (e.g. I-Nigma | NeoReader | Kaywa) onto their mobile devices
- Bring these devices into the lesson.
3. Print out the QR codes.
4. Cut them out and place them around your class / school.
B. The lesson:
1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.
2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.
3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!
C. TIPS / OTHER IDEAS
4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.
Questions / Answers (teacher reference)
Question | Answer |
| 1. Create a financial calendar to keep track of your quarterly taxes. |
|
2. This year, tax day is on Tuesday, April 18. |
| 3. Set a budget. A budget is an estimate of income and expenditure for a set period of time. |
| 4. Set specific financial goals. Use numbers and dates, not just words, to describe what you want to accomplish with your money. |
| 5. Always choose federal student loans over private loans. Federal loans have flexible terms of payment if your employment dreams don’t exactly go according to plan after college. |
| 6. Start saving ASAP! Not next week. Not when you get a raise. Not next year. Today. Because money you put in your retirement fund now will have more time to grow through the power of compound growth. |
| 7. Keep your savings out of your checking account. Here’s a universal truth: If you see you have money in your checking account, you will spend it. Period. The fast track to building up savings starts with opening a separate savings account, so it’s less possible to accidentally spend your vacation money on another late-night online shopping spree. |
| 8. Evaluate Purchases by Cost Per Use It may seem more financially responsible to buy a trendy $5 shirt than a basic $30 shirt—but only if you ignore the quality factor! |
| 9. Always check your credit score. |
| 10. Know the differences between debit and credit. |
| 11. Factor cost and quality into any economic situation you may face. |
| 12. Don’t have too many unused credit cards, it brings down your credit score! |
| 13. Pay credit card bills on time for a good credit score. |
| 14. Think about future expenses if you plan on saving. |
| 15. Never spend more than you financially can afford (credit cards). | |
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Create_a_financial_calendar_to_keep_track_of_your_quarterly_taxes.
Question 1 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=This_year,_tax_day_is_on_Tuesday,_April_18.
Question 2 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Set_a_budget._A_budget_is_an_estimate_of_income_and_expenditure_for_a_set_period_of_time.
Question 3 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Set_specific_financial_goals._Use_numbers_and_dates,_not_just_words,_to_describe_what_you_want_to_accomplish_with_your_money.
Question 4 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Always_choose_federal_student_loans_over_private_loans._Federal_loans_have_flexible_terms_of_payment_if_your_employment_dreams_don’t_exactly_go_according_to_plan_after_college.
Question 5 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Start_saving_ASAP!_Not_next_week._Not_when_you_get_a_raise._Not_next_year._Today._Because_money_you_put_in_your_retirement_fund_now_will_have_more_time_to_grow_through_the_power_of_compound_growth.
Question 6 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Keep_your_savings_out_of_your_checking_account._Here’s_a_universal_truth:_If_you_see_you_have_money_in_your_checking_account,_you_will_spend_it._Period._The_fast_track_to_building_up_savings_starts_with_opening_a_separate_savings_account,_so_it’s_less_possible_to_accidentally_spend_your_vacation_money_on_another_late-night_online_shopping_spree.
Question 7 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Evaluate_Purchases_by_Cost_Per_Use_It_may_seem_more_financially_responsible_to_buy_a_trendy_$5_shirt_than_a_basic_$30_shirt—but_only_if_you_ignore_the_quality_factor!
Question 8 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Always_check_your_credit_score.
Question 9 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Know_the_differences_between_debit_and_credit.
Question 10 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Factor_cost_and_quality_into_any_economic_situation_you_may_face.
Question 11 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Don’t_have_too_many_unused_credit_cards,_it_brings_down_your_credit_score!
Question 12 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Pay_credit_card_bills_on_time_for_a_good_credit_score.
Question 13 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Think_about_future_expenses_if_you_plan_on_saving.
Question 14 (of 15)
Financial Literacy Day QR Codes: QR Challenge
https://www.classtools.net/QR/decode.php?text=Never_spend_more_than_you_financially_can_afford_(credit_cards).
Question 15 (of 15)
