WILLIAM Carey Christian School has been chosen as one of 70 primary schools to trial a government initiative called Moneystuff.
Moneystuff aims to address some financial literacy problems that affect adults by introducing the subjects to children.
William Carey teachers met with a group of interested parents to introduce the program and received an enthusiastic response.
One parent said the program, linked with the maths unit was "fantastic".
"It goes beyond what my children normally see as money and into the 'hidden money' of this century," she said.
"When you think about it from a child's perspective, all they see is mum buying lots of stuff, then producing a piece of plastic and after walking away with all these goods, and may even receive cash back in return."
Most parents never stop to explain to their children how these transactions work.
Co-ordinating teacher Janice Post said it was a great program.
"It has been an excellent opportunity for students to engage in finances and see how money really works," she said. "The program has been trialled by all teachers and has been embedded in the school's curriculum since November."