How can we manage money well?

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Threads

Why this why now

Pupils are becoming increasingly indepdent and will be considering future financial responsibilities. Learning to manage money now equips them with essential knolwledge and skills in relation to budgeting, saving, and making informed financial decisions in the future. They begin to connect personal financial choices and decisions with the understanding the economy, resources and their role in society as consumers, taxpayers and savers.

Prior knowledge requirements

  • Pupils know that money comes from different sources and can be used for different purposes.
  • Pupils know to look after their money and realise that future wants and needs may be met through saving.

Threads

Why this why now

Pupils are becoming increasingly indepdent and will be considering future financial responsibilities. Learning to manage money now equips them with essential knolwledge and skills in relation to budgeting, saving, and making informed financial decisions in the future. They begin to connect personal financial choices and decisions with the understanding the economy, resources and their role in society as consumers, taxpayers and savers.

Prior knowledge requirements

  • Pupils know that money comes from different sources and can be used for different purposes.
  • Pupils know to look after their money and realise that future wants and needs may be met through saving.