A currency is the system of money that is used in different places. For example, the United Kingdom uses pounds (£).

Can I spend money playing online?

Financial education

What is the difference between wants, needs and priorities?

Save, spend or borrow?

What is budgeting?

How do we pay for things?

This unit teaches financial priorities, simple budgeting, spending methods, and online spending awareness.

Making money decisions

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

Depiction or discussion of sensitive content

A game costs £40 to buy and £5 a month. Aisha wants to play for six months. Is it cheaper to buy it or to pay for each month?

A game costs £40 to buy and £5 a month. Aisha wants to play for six months. How much will she save if she pays each month?

Andeep bought a game for £24 and played it for five months. He could have paid £4 a month to play. Did Andeep save money by buying the game for £24?

Can Aisha spend her Battle Robot tokens in a shop?

Jun has 400 game coins. Can he buy this special Battle Pack with them?

Jun and Izzy have both bought a new game. Jun saved his pocket money. Izzy didn’t have enough and owes £4.50 to her Dad. Which one has borrowed money?

Izzy owes £4.50 to her Dad. How long will it take her to pay him back with this budget?

Jun has borrowed £7.50 from his Dad. It will take him three weeks to pay him back. How much is he paying back each week?

You must have enough money in your bank account.

You must be able to pay the money back later.

There is not enough money in the bank account.

The bank doesn’t like what you are buying.

What does it mean when a debit card is declined?

Which card might an adult use to book a family holiday for next year?

Can I spend money playing online?

Lesson outcome

Content guidance