Savings & Lifeskills 1

It is important for young people to develop a good understanding of how to manage their money, and eventually their debt, effectively and responsibly.

It is important for young people to develop a good understanding of how to manage their money, and eventually their debt, effectively and responsibly.

This collection covers topics such as benefits, currencies and exchange rates, money saving tips, business and the economy and much more.

 Hide all

 Show all

Games

Money Matrix 1 Board Game

11 - 14yrs Students

There are two Money Matrix Board Games. This interactive game is green and orange is for 12 to 14 year olds. There is the option of playing as a single player or as two players (or two teams). There is also a 'game practice' option, which allows users to play the sub-games independently from the main board.

Mobile Mayhem

11 - 14yrs Students

A practical activity were players must choose which mobile phone (contract and Pay As You Go (PAYG) is the cheapest option for the character shown.

Savings & Lifeskills 1 Final Quiz

11 - 14yrs Students

Once pupils have completed the ‘Savings and Lifeskills 1’ programme why not get them to try this ‘end-of-module’ quiz? This will test their financial knowledge and understanding.

Work sheets

WA1 - Earning Money

11 - 14yrs Students, Teachers

Questions and activities about earning money for use Fact Sheet FA1 - Earning Money.

WA2 - Spending Money

11 - 14yrs Students, Teachers

Activities around how we spend money.

WA3 Money versus Barter Systems

11 - 14yrs Students, Teachers

Discussion and activities around money vs bartering systems.

WA4 - Salaries

11 - 14yrs Students, Teachers

Estimating earnings from case studies; jobs and careers discussion.

Forms of Payment

11 - 14yrs Students

Answering questions with Fact Sheets FB1-4 - Forms of Payment.

WB2 - Currency Quiz

11 - 14yrs Students, Teachers

Currencies and Exchange Rates quiz for use with Fact Sheet FB5.

WB3 - Personal Finance Documents

11 - 14yrs Students, Teachers

Answering questions using Fact Sheet FB8 - Personal Finance Documents.

WB4 - Budgeting Activities

11 - 14yrs Students, Teachers

For use with Fact Sheets FB9 - Budgeting and Fact Sheet FB10 - Money Saving Tips. Thinking about priorities: wants and needs.

WB5 - Budget Sheet

11 - 14yrs Students, Teachers

Budget sheet template with examples.

WB6 - Money throughout our Lives

11 - 14yrs Students, Teachers

Case studies for discussion and a creative writing activity.

WB7 - Money Maths - Perfect Percentages

11 - 14yrs Students, Teachers

Working out percentages on discounts and changing values.

WB8 - Money Maths - Correct Change

11 - 14yrs Students, Teachers

Working out what customers owe and how much change they should receive; naming the notes and coins they could receive as change.

WB9 - Money Maths - Balancing Budgets

11 - 14yrs Students, Teachers

Creating a simple budget sheet from incomings and outgoings, and working out a total balance.

WC1 - Insurance

11 - 14yrs Students, Teachers

Different kinds of insurance, discussion pointers and an activity.

WC2 - Interest Rates

11 - 14yrs Students

Interest rates: the difference for savers and borrowers, and two activities.

WB4 - Budgeting Activities (Welsh)

11 - 14yrs Students, Teachers

Budgeting Activities (Welsh)

WB5 - Budget Sheet (Welsh)

11 - 14yrs Students

Budget Sheet (Welsh)

WB6 - Money throughout our Lives (Welsh)

11 - 14yrs Students

Money throughout our Lives (Welsh)

WB7 - Money Maths - Perfect Percentages (Welsh)

11 - 14yrs Students

Money Maths - Perfect Percentages (Welsh)

WB8 - Money Maths - Correct Change (Welsh)

11 - 14yrs Students

Money Maths - Correct Change (Welsh)

WB9 - Money Maths - Balancing Budgets (Welsh)

11 - 14yrs Students

Money Maths - Balancing Budgets (Welsh)

Fun/Fact sheets

FA1 - Earning Money

11 - 14yrs Students, Teachers

Information about the factors that influence how much a person is paid, salaries and wages, gross and net pay, Income Tax and National Insurance.

FA2 - Benefits

11 - 14yrs Students, Teachers

Information about different types of benefits and financial support (e.g. State Pension, Employment Support Allowance, Carer's Allowance), as well as support for students and Youth Funds.

FA3 - Careers

11 - 14yrs Students, Teachers

Advice about choosing a career, information about forms of employment (employment, self-employment and voluntary/unpaid work) and a list of desirable work skills.

FB1 to FB4 - Forms of Payment

11 - 14yrs Students, Teachers

Information and advice about using the following:

FB1 - Cash and cheques.

FB2 - Cash cards, travellers' cheques and debit cards.

FB3 - Credit cards and store cards.

FB4 - Direct debits and standing orders.

FB5 - Currencies and Exchange Rates

11 - 14yrs Students, Teachers

Information about what exchange rates are, how this relates to holiday money, and examples of different world currencies.

FB6 - Financial Services

11 - 14yrs Students, Teachers

Explanations of accounts, mortgages, insurance, investments, loans and overdrafts.

FB7 - Financial Organisations

11 - 14yrs Students, Teachers

Information about the places that financial services can be obtained (building societies, banks, post offices).

FB8 - Personal Finance Documents

11 - 14yrs Students, Teachers

Explanations of the common ways of keeping financial records: ATM receipts, bills, building society or bank statements, online banking and more; includes an example of an income and expenditure sheet and a mobile phone bill.

FB9 - Budgeting

11 - 14yrs Students, Teachers

Overview of what budgeting is and how a budget can be balanced.

FB10 - Money Saving Tips

11 - 14yrs Students, Teachers

Tips for cutting costs and saving money in everyday life.

FC1 - Business and the Economy

11 - 14yrs Students, Teachers

Explanations of what business does for the economy, starting a business and business finance.

FC2 - The Credit Crunch

11 - 14yrs Students, Teachers

Overview of what the 'credit crunch' is, how it started and how it has affected the UK.

FC3 - Risk and Return

11 - 14yrs Students, Teachers

Information about situations that involve financial risk (lending/borrowing money, fluctuating interest rates, investing, gambling and deciding whether or not to take out insurance).

FD1 - Charities and Ethical Shopping

11 - 14yrs Students, Teachers

Information about charities and how to be an ethical shopper.

FD2 - Taxation

11 - 14yrs Students, Teachers

Information about local and national taxation and how this money is spent.

FB10 - Money Saving Tips (Welsh)

11 - 14yrs Students

Money Saving Tips (Welsh)

Example - Bank statement

11 - 14yrs, 14 - 16yrs Students

A clear visual explanation about all the items shown on an everyday bank account statement.

Example - Budget sheet

11 - 14yrs, 14 - 16yrs Students

A clear visual explanation about all the items shown on an everyday household budget sheet.

Example - Mobile phone bill

11 - 14yrs, 14 - 16yrs Students

A clear visual explanation of all the items shown on a typical mobile phone bill.

Films

Start Saving

11 - 14yrs, 14 - 16yrs Students

Dave helps his uncle Pete with some painting; and when he receives a cheque for the work, he's told he needs to open a bank account. He chooses a savings account because he wants to save up for small things, like a private jet.

Start Banking

11 - 14yrs, 14 - 16yrs Students

When moving into her new flat, Jaynee is nervous about keeping on top of her finances. Jaynee opens a current account and is able to transfer, direct debit and write cheques with as little fuss as possible. This short film includes:

Hole in the Wall

11 - 14yrs, 14 - 16yrs Students

Money makes the world go round is what they say. At the heart of all this are ATMs (automatic teller machines). Lenny has dinner plans and needs cash, he knows his way round an ATM, topping up his phone and checking how much money he needs to woo his hot date. 

Pay with Plastic

11 - 14yrs, 14 - 16yrs Students

What is a chip and PIN? Is it a potato kebab? No, it stands for 'chip', which is your card, and 'PIN' which is your personal identification number. A chip and PIN combined, means your money is always safe. 

Get Online

11 - 14yrs, 14 - 16yrs Students

Dave has a new bank account and he wants to do some online shopping. With online banking, Dave can check his account and make secure purchases with the money he has saved in his bank account. 

Teachers' and Parents' notes

What is Financial Capability?

11 - 14yrs, 14 - 16yrs Teachers

The interactive activities

11 - 14yrs Teachers, Parents

Teachers Guide

11 - 14yrs Teachers

Extension activities and discussion ideas

11 - 14yrs, 14 - 16yrs Teachers

These activities are linked to the DfE's Guidance on financial capability in the secondary curriculum: key stage 3 and 4 and the PSHE: Economic wellbeing and financial capability curriculum.

Overview

4 - 7yrs, 7 - 11yrs, 11 - 14yrs, 14 - 16yrs, 16+yrs Parents

Tips to help at home

11 - 14yrs, 14 - 16yrs Parents

Know the facts

11 - 14yrs, 14 - 16yrs Parents

Here are some simple ways to help explain about banking and finances to your child/children.

Parents Guide

11 - 14yrs Parents

Word banks/Glossaries

Glossary

11 - 14yrs Students, Teachers

Glossary