LaTasha Woods promotes financial literacy to students at FES

Photo By: Michael Hanich
Author LaTasha Woods poses behind her desk at Fairview Elementary School.
Photo By: Michael Hanich Author LaTasha Woods poses behind her desk at Fairview Elementary School.

Fairview Elementary School had a special visitor on Friday with author Latasha Woods, a former resident of El Dorado. She came to FES to promote her book Dollars and $ense Financial Literacy For Kids and demostrated the benefits of being financially responsible.

With financies possessing significant benefits and burdens, Ms. Woods creates situations and explains them in a way young elementary can understand and learn. The idea of the book started with a simple purpose of trying to teach her niece, who is now 15 years old, about learning how to manage her money.

Upon teaching her niece, she knew that other children can benefit from these lessons.

"In teaching her," Woods said, "I realized other children probably need the same thing because many of us were not taught about financial literacy. So it became, at that point, a passion. Making sure that we could spread the information around."

The book was published on Dec. 11, 2021 as a birthday gift to herself as an early birthday gift.

Since being published, she has been invited by schools like Fairview Elementary School to present the concept of being financial responsible to young children in a large audience. All of her appearances in schools have been at the elementary school level, which is ideal for her as it gets the concept to the audiences early.

"We want to be able to get to our babies early, and we wanna teach them about money management, what savings need, spending money, earning, what is their needs versus their wants, and call the children at any school I've been to have been very, very receptive even the young ones like today who who started with kindergarten were involved and engaged," Woods said of her openness to speak to elementary schools.

As a concept of her book and its content, students at Fairview Elementary School were presented with physical demonstration of how to use money to buy items such as food, snacks, shoes, toys and video games in a mock marketplace on stage. Students would use concepts using money to buy necessities as well as borrowing, lending or combining money for wants that typical more expensive. These are exercises deprived from Wood's book.

Woods feels that is important to get a jump start into the concept of being financial responsible as state government are expanding on the requirement for students to graduate high school passing a financial literacy course. So far, there are 17 states that have this bill. Arkansas is not among the states that do not require students to take a financial literacy course.

At the end of the presentations, students and teachers took a group photo with Ms. Woods and also participate in an autograph signing.

photo Photo By: Michael Hanich Ms. Cook and her kindergarten class at Fairview Elementary School pose with author LaTasha Woods.
photo Photo By: Michael Hanich Mrs. Parkers and her first grade class at Fairview Elementary School pose with author LaTasha Woods.
photo Photo By: Michael Hanich Author LaTasha Woods pose her banner at Fairview Elementary School.