• Teachers
• Teachers overview
• 4-7 Counting on Money
  7-11 The Cost of Money
  • Interactive activities
  • Fact and Work sheets
  • Extension activities
  • Curriculum links
• 12-14 Savings & Lifeskills 1
  14-16 Savings & Lifeskills 2
  • Interactive activities
  • Fact and Work sheets
  • Extension activities
  • Curriculum links
• 16-18+ Finance World
  • Interactive activities
  • Fact dossiers
  • Extending their learning
  • Curriculum links

Fact dossiers

The 'Finance World dossiers' contain a wealth of straightforward information about a range of different aspects of financial capability, in age-appropriate language. They are designed to help young people gain a basic understanding of the world of adult finance. A summary of their content is described below:

BUDGETING

• Financial Planning - Why budgeting is important and how to do it; checking and balancing your budget.
• Staying Out of Debt - Recognising debt and dealing with it; budgeting for debt by reducing spending or increasing income; tips and getting advice.
• Government Budgets and the Economy - How national and local government is funded; types of tax (e.g. Income Tax, Council Tax, VAT); how the economy works.

CAREERS

• Types of Employment - Full- and part-time work; self-employment; apprenticeships; voluntary/unpaid; unemployment.
• CVs - What to include; how they're used by employers; covering letters. Example CVs are provided as samples on how to write one.
• Wages and Salaries - What affects your earning; wages versus salaries; minimum wage; pay deductions (Income Tax, National Insurance Contributions, company pension).

CURRENCY

• Forms of Money and Payment - Different ways to pay (e.g. cheque, credit/debit cards, direct debit, travel cards, vouchers).
• Foreign Currency and Exchange - World currencies; exchange rates; ways to exchange money.

DOCUMENTS AND INCOME

• Record Keeping - Why record keeping is important; filing or destroying documents; examples of financial documents (e.g. account statements, bills, insurance documents).
• Bills - Types of bills (e.g. credit card, utility, telephone); receiving and paying them.
• Sources of Money - Different forms of income (e.g. wages/salary, borrowing, selling, interest, benefits, pensions, student finance).

RISK

• Fraud and Scams - Fraud/scams relating to identity, the internet, credit/debit cards, cheques, cashpoints, mobile phones, and how to protect yourself.
• Manageable Debt - Manageable versus unmanageable debt; choosing lenders; interest rates; credit rating; getting advice.
• Insurance - Types of insurance (e.g. health, home, motor, travel) and tips.
• Gambling - Types of gambling; addiction and advice.

SAVING AND INVESTING

• Starting a Business - Knowledge/skills needed; researching the product; creating a business plan and forecast; business finances.
• Ways to Save and Invest - Different types of financial institutions (e.g. building societies, banks, credit unions); types of savings account and interest; types of investment and tips.
• Account Services - Different services available (e.g. cheques, standing orders, direct debit, interest, overdrafts); types of account and how to set one up.