Should I spend or save?

Financial education

Which coins have I got?

How much money have I got?

Is my money safe?

What happens when I spend money?

Do I need that or do I want that?

In the previous unit, pupils have had the opportunity to explore the value of different coins and use strategies to calculate the value of a set of coins up to 20 p. In this unit they will apply this learning in new contexts and consider what the value of money means.

In this unit we learn to recognise money, understand spending, saving, and making simple financial choices.

An introduction to money

Subjects which particular individuals may be sensitive to, eg, adoption, migration, bereavement or death, divorce, poverty, deprivation.

Depiction or discussion of sensitive content

Which item could you afford with £2 to spend?

Which item could you afford with £3 to spend?

Which item could you afford with £5 to spend?

Match the save and spend with the correct description.

If you want a toy that costs £10 but you only have £6 then how much will you need to save?

Which of these is the way we write five pence?

4 is less than 6 so which symbol would you put between the numbers? 4 {{ }} 6

Which symbol would you place between these two amounts of money? £4 {{ }} £6

Which symbol would you place between these two amounts of money? £10 {{ }} £5

Do you have to spend money if you have some?

Should I spend or save?

Lesson outcome

Content guidance