Is my money safe?
Lesson details
Learning outcome
I understand that money has a value and needs to be kept safe.
Key learning points
- Coins have a value which is independent of their size, shape, colour or mass.
- Money has value so needs to be kept safe and looked after.
Keywords
Coin - A coin is a small flat piece of metal used as money.
Wallet - A wallet is a small, flat, folding case made of leather or plastic used for keeping paper money and credit cards in.
Safe - Safe means to be protected from any danger, harm or loss.
Common misconception
The experience of carrying cash will greatly vary at this age and some children might not have used coins before.
Start by drawing on the children's experiences so that you can successfully pitch the discussions prompted in the lesson. If necessary, get them to have a go at carrying coins in the ways mentioned in the slide deck - good or bad.
Teacher tip
Make sure you get the children to explain their reasoning when comparing safe places to store money. For example, you might want to get them to reason why a zip pocket is better than an unzipped pocket. This will help them to develop their responsibility for keeping money safe.
Content guidance
Depiction or discussion of sensitive content
Supervision
Adult supervision recommended
Licence
except where otherwise stated. See Oak's terms & conditions (Collection 2).Lesson video
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Prior knowledge starter quiz
6 Questions
Q1.How many 1 p coins have the same value as a 5 p coin?
Q2.How many 1 p coins have the same value as a 10 p coin?
Q3.How many 5 p coins have the same value as a 10 p coin?
Q4.Which of the coins are worth more than 2 p?
Q5.Which of the coins are worth less than 5 p?
Q6.What is the total value of these coins?
Assessment exit quiz
6 Questions
Q1.Which of these is the safest way to store money?
Q2.Which of these is not a safe place to store money?
Q3.Which of these is the best place to keep a piggy bank or money box?
Q4.Which of these would not be a safe place to keep a money box?
Q5.Who do adults most often ask to look after their money?
Q6.Which of these is the safest way to carry money with you?
To help you plan your 1 financial education lesson on: Is my money safe?, download all teaching resources for free and adapt to suit your pupils' needs...
To help you plan your 1 financial education lesson on: Is my money safe?, download all teaching resources for free and adapt to suit your pupils' needs.
The starter quiz will activate and check your pupils' prior knowledge, with versions available both with and without answers in PDF format.
We use learning cycles to break down learning into key concepts or ideas linked to the learning outcome. Each learning cycle features explanations with checks for understanding and practice tasks with feedback. All of this is found in our slide decks, ready for you to download and edit. The practice tasks are also available as printable worksheets and some lessons have additional materials with extra material you might need for teaching the lesson.
The assessment exit quiz will test your pupils' understanding of the key learning points.
Our video is a tool for planning, showing how other teachers might teach the lesson, offering helpful tips, modelled explanations and inspiration for your own delivery in the classroom. Plus, you can set it as homework or revision for pupils and keep their learning on track by sharing an online pupil version of this lesson.
Explore more key stage 1 financial education lessons from the An introduction to money unit, dive into the full primary financial education curriculum, or learn more about lesson planning.