A coin is a small flat piece of metal used as money.

The value of something is how much it is worth in money or other things for which it can be exchanged.

A penny is a small British coin and unit of money. There are 100 pence in one pound.

Which coins have I got?

Financial education

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?

Should I spend or save?

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

True or false? Coins all have the same value.

True or false. I have five coins so I have 5 p.

True or false. Only adults are allowed to have money.

True or false. Coins are the only kind of money there is.

True or false. Coins have different values.

Starter Quiz