Where could my money come from?
Lesson details
Learning outcome
I know money comes to me in different ways and that in the future I can earn it.
Key learning points
- Money can be given.
- Money can be saved.
- Money can be earned.
Keywords
Earn - To get money for work that you do.
Common misconception
Children might envision the money that adults earn as purely disposable.
Sensitively, remind the children that the money that adults earn is often spent on needs and not wants.
Teacher tip
Make sure that you're very clear about the online safety aspects within this lesson to ensure that your children stay safe. Also, be aware of some of the cultural and socio-economic diffrences that exist around earning money so you can be sensitive to the pupils in your class.
Content guidance
Depiction or discussion of sensitive content
Supervision
Adult supervision recommended
Licence
Lesson video
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Prior knowledge starter quiz
6 Questions
Q1.Look at the coins. How much money is there altogether?
Q2.A ticket to the theatre costs £20 and you have £11 in total. How much more will you need to save to be able to afford to go?
Q3.Which came first, banknotes or coins?
Q4.Which type of payment is the newest?
Q5.Which type of payment is the oldest?
Q6.Tick the types of payment that are in use today.
Assessment exit quiz
6 Questions
Q1.What does earn mean?
Q2.For which of these are you more likely to receive money?
Q3.Which of these is a way of earning money?
Q4.Which of these is a way of earning money?
Q5.True or false? Children can’t earn money.
Q6.Why should children get adult supervision when selling items online?
To help you plan your 3 financial education lesson on: Where could my money come from?, download all teaching resources for free and adapt to suit your pupils' needs...
To help you plan your 3 financial education lesson on: Where could my money come from?, 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 2 financial education lessons from the The purposes of money unit, dive into the full primary financial education curriculum, or learn more about lesson planning.