Financial Education
At Earlsfield, we teach financial education through the LifeSavers “5 Big Questions” programme. This whole-school approach helps children develop financial confidence and understanding in real-life contexts.
Across the school (KS1&2), pupils take part in two LifeSavers lessons each term:
- Autumn Term: 2 lessons
- Spring Term: 2 lessons
- Summer Term: 2 lessons
Please note that for EYFS, the lessons will be delivered in a block during Summer term through the story ‘Milo’s Money’.
Through these engaging sessions, children explore key financial concepts such as saving, spending, generosity, and making choices with money, building the foundations for responsible money management in later life.
5 Big Questions
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Where does money come from? |
Asking “Where does money come from?” helps children understand that money is earned through work, that it has value, and that managing it wisely is important for reaching goals and helping others. |
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How does money make us feel? |
Exploring “How does money make us feel?” helps children understand the emotional side of money, that money can bring feelings like happiness, worry, pride, or envy. It encourages them to recognise that everyone’s relationship with money is different, and that emotions can influence how we spend, save, or share. This reflection builds empathy, self-awareness, and responsible attitudes toward money. |
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What can we use our money for? |
Investigating “What can we use our money for?” helps children understand that money can be used to buy things we need and want, save for the future, or share with others. It teaches them about making choices, setting priorities, and using money responsibly to meet different goals. |
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How does our money help other people? |
Considering “How does our money help other people?” helps children understand that money isn’t just for personal use, it can be used to support others through charity, paying for services, or buying from businesses that provide jobs. It teaches empathy, community awareness, and the idea that how we spend and share money can make a positive difference in other people’s lives. |
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How can we look after our money? x2 |
Examining “How can we look after our money?” helps children understand the importance of keeping money safe, making careful choices, and planning how to use it wisely. It introduces ideas like saving, budgeting, and avoiding waste, helping them develop good money habits and a sense of financial responsibility. |
You can find out more at: JUST FINANCE FOUNDATION

