In this lesson:
National
curriculum
links
Budgeting
In this lesson, pupils explore how to make smart spending choices when money is limited. They learn that spending often involves trade offs and prioritising needs over wants. Through practical examples and discussion, pupils examine ideas such as choice, opportunity cost, and explaining financial decisions to others. The lesson helps children build confidence in justifying money choices and understanding the consequences of different spending decisions.
Maths:
PSHE:
This lesson supports the Year 1 National Curriculum for Mathematics by enabling pupils to engage in number problem solving within real life money contexts. Pupils calculate totals, compare costs, and apply reasoning when working within a limited budget. They use numerical understanding to justify trade offs and explain why certain financial choices are prioritised over others.
This lesson supports PSHE Economic Wellbeing objectives L11, L12 and L15 by helping pupils understand that money is limited, recognise the need to prioritise needs over wants, develop awareness of trade offs and opportunity cost, and practise explaining financial decisions clearly and responsibly to others.
Skill descriptor: