the money paid by a borrower to a lender for using their money; it’s usually expressed as a percentage of the amount borrowed or saved

putting money into something, like stocks, property or a business, with the aim of making a profit

the money used to buy assets like shares or property, hoping they will increase in value

the chance of losing money or not getting the expected return

Where can we save money?

Citizenship

What is the best way to look after money?

How can we pay for things?

What are the implications of borrowing money?

How can we protect ourselves from fraud?

What are our rights as consumers?

Pupils explore how to look after their money considering the implications of borrowing, how they can keep track of their money, what saving options are available to them and what their rights are as a consumer.

How can we manage money well?

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

Depiction or discussion of sensitive content

Being a critical consumer helps people avoid {{}} purchases and maximise savings through better interest rates.

the money paid by a borrower to a lender for using their money

putting money into something with the aim of making a profit

the money used to buy assets like shares or property

Match the words with the correct definition. 

Investments like stocks, bonds, funds, property, commodities and cryptocurrency generate returns but all carry ...

Which type of investment typically offers greater returns?

Which of the following can help prevent fraud?

doing what is morally right, fair and good

a dishonest scheme designed to trick people into giving away things

money that can be used for payment but it is borrowed from a lender

a plan for how to spend money and track income and expenditure

Match the word to the correct definition.

Which two groups have teams to investigate fraud and support victims?

{{}} is a method of redirecting users from a legitimate website to a fraudulent one without their knowledge.

Which is **not** a fraud offence as defined by The Fraud Act (2006)?

This lesson was made for home learning during the pandemic.

Where can we save money?

Lesson outcome

Content guidance

This lesson was made for home learning during the pandemic.