When we think about literacy, we often consider letters rather than numbers. But over the past few years, financial literacy has become ever more crucial — and more widely-discussed. And as of this past week, even Elmo has joined that discussion.
For his preliminary lessons in personal finance, Elmo learns the difference between a “need” and a “want,” emphasizing that his father likes the word “prioritize.” The three-and-a-half-year-old Elmo also learns about “deferred gratification” when he realizes that he needs four more dollars to buy a sparkly “stupendous ball” rather than a standard, less-stupendous rubber ball.
