Financial Education
Spend it, save it, give it, get it? Whatever we do with money, we need to manage it well. A cross-curricular, planned programme of financial education can help give children and young people the confidence, skills and knowledge they need to manage their money, now and in the future.
We teach this in a number of ways:
- Maths taken from the Financial Education Framework(enhanced curriculum)
- Maths across the curriculum links/Math:real life application
- 6Cs- creativity, critical thinking, character, citizenship, collaboration, communication
- Personal Development/Behaviour and welfare(PSHCE)
Through doing so:
- We improve teacher/pupils’ confidence
- We prepare children for the wider world
- We prepare children for the necessary financial knowledge, skills and healthy money habits required for successful futures
Activity |
Anticipated impact |
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Nursery |
How to manage money:value of money The Treasure Hunt An exciting first foray into the world of money featuring activities to keep children engaged as well as an exploration of coins and values, Budgeting and Saving |
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Reception |
How to manage money:value of money The Treasure Hunt An exciting first foray into the world of money featuring activities to keep children engaged as well as an exploration of coins and values, budgeting and Saving |
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Year 1 |
Budgeting and Saving Keeping a Record: The Birthday Party In this session the children will plan a birthday party, keep track of their spending & make choices around their birthday budget. This activity shows children how they can create and use records to track their money and keep it in a safe place. |
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Year 2 |
Value of Money/spending choices Money through the ages Money Through The Ages 4 to 7 years (Reception to Yr 2) This session looks at how money has evolved into what we use today and the role of money in society. The session also helps with recognition of the value of money and how we pay for things now. |
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Year 3 |
Value of Money/spending choices Making Wise Choices: The Expedition Developed with Young Money, this session challenges children to think about their purchase choices. Children will be challenged to consider which of their wants are important and what they can manage without. |
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Year 4 |
Becoming a critical consumer Super Supper Challenge This session focuses on healthy eating and staying within a budget. It encourages young people to consider the choices we make around money, based on needs and wants, in particular exploring if it is possible to eat well on a limited budget. |
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Year 5 |
Becoming a critical consumer Savvy Shopping (Yrs 5 and 6) Building an understanding of what is value and how we make financial decisions. An exploration of the buying cycle and offers available on the high street and online. |
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Year 6 |
Financial Future World of Work Making the links between work, money and future lifestyle goals. This session explores earnings, deductions and the choices we make around spending and our lifestyle. |
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