fya – $20 boss

This is a fantastic and innovative program launched by fya in Australia.

What could your students do with $20? The answer might surprise you!

$20 Boss is a nationwide in-school entrepreneurship program for primary and secondary school students. Students are provided with $20 of start-up capital to create, launch and operate a business venture over the course of a school term.

Even if you can’t become part of the official program, it’s a good exercise to do with your kids. Giving them a budget of $20 and see what usable/sellable product they can come up. This helps the kids learn more about money and how businesses work.

More details here.