Savings & Lifeskills 2

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 earning money, understanding income tax and national insurance, budgeting, tips on managing money and much more.

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Games

Money Matrix 2 board game

14 - 16yrs Students

There are two Money Matrix Board Games. This interactive game in silver and blue is for 14 to 16 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.

eShop

14 - 16yrs Students

A practical activity where players select an item to 'buy' and then work through the stages of an online payment form, filling in the fields using the example debit card information shown.

Savings & Lifeskills 2 Final Quiz

14 - 16yrs Students

Once pupils have completed the ‘Savings and Lifeskills 2’ programme why not get them to try this ‘end-of-module’ quiz? This will test their financial knowledge and understanding.

Work sheets

WA1 - Benefits

14 - 16yrs Students, Teachers

For use with the information in Fact Sheet FA3 - answering questions about benefits.

WB1 - Forms of Payment

14 - 16yrs Students, Teachers

Questions and activities based on different forms of payment. For use with the information in Fact Sheets FB1-4.

WB2 - Budgeting Activities

14 - 16yrs Students, Teachers

Activities to complete. For use with Fact Sheet FB11 - Budgeting and Fact Sheet FB9 - Money Saving Tips. 

WA6 - Business Enterprise

14 - 16yrs Students, Teachers

Two activities on business enterprise, one using two case studies.

WB3 - Budget Sheet

14 - 16yrs Students, Teachers

Budget sheet template with examples.

WB4 - Saving and Borrowing

14 - 16yrs Students, Teachers

Activities based on comparing interest rates.

WB5 - Money throughout our Lives

14 - 16yrs Students, Teachers

Case studies for discussion and researching costs.

WB6 - Money Maths - Percentages

14 - 16yrs Students, Teachers

Calculating percentages using examples of VAT, changing values and discounts and offers.

WB7 - Money Maths - Compound Interest

14 - 16yrs Students, Teachers

Compound interest explained and two activities.

WB8 - Standing Order

14 - 16yrs Students, Teachers

Questions and activities around standing orders and how they are different from direct debits.

WC1 - Insurance

14 - 16yrs Students, Teachers

Answering questions about insurance with Fact Sheet FC2.

WD1 - Exchange Rates

14 - 16yrs Students, Teachers

For use with Fact Sheet FD1 - Exchange Rates and research different exchange rates online: tips on planning a presentation.

WD2 - Local and National Taxation

14 - 16yrs Students, Teachers

Activities around a piechart showing the National Government’s 2011-2012 budget.

WD3 - Giving to Charity

14 - 16yrs Students, Teachers

Examples of charity purposes and designing a charity flyer.

WD4 - Seeking Financial Advice

14 - 16yrs Students, Teachers

Activities and discussion around seeking financial advice.

WD5 - Advertising and Branding

14 - 16yrs Students, Teachers

What is a brand? Points to consider, points to discuss.

Budgeting Activities (Welsh)

14 - 16yrs Students

Budgeting Activities (Welsh)

Saving and Borrowing (Welsh)

14 - 16yrs Students, Teachers

Saving and Borrowing (Welsh)

Money throughout our Lives (Welsh)

14 - 16yrs Students

Money throughout our Lives (Welsh)

Money Maths - Percentages (Welsh)

14 - 16yrs Students, Teachers

Money Maths - Percentages (Welsh)

Money Maths - Compound Interest (Welsh)

14 - 16yrs Students, Teachers

Money Maths - Compound Interest (Welsh)

Fun/Fact sheets

FA1 - Earning Money

14 - 16yrs Students, Teachers

Information about the factors that influence how much a person is paid, salaries and wages, gross and net pay, and minimum wage.

FA2 - Income Tax and National Insurance

14 - 16yrs Students, Teachers

Information about what Income Tax and National Insurance are, and why they are taken out of people's pay.

FA3 - Benefits

14 - 16yrs 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.

FA4 - Financial Support

14 - 16yrs Students, Teachers

Information about the State Pension and financial support for students.

FA5 - Careers

14 - 16yrs Students, Teachers

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

FA6 - Business Enterprise

14 - 16yrs Students, Teachers

Activities where students develop an idea for a business and 'pitch' the idea to their classmates.

FB1 to FB4 - Forms of Payment

14 - 16yrs Students, Teachers

Explanations of the different forms of payment: cash, cheque, cashcard, debit card, travellers' cheque, credit card, store card, direct debit, standing order and internet banking.

FB5 - Managing Money Abroad

14 - 16yrs Students, Teachers

Tips for managing money and keeping it safe when travelling.

FB6 - Personal Finance Documents

14 - 16yrs Students, Teachers

Brief descriptions of financial documents. You can also download examples of a budget sheet, bank statement, mobile phone bill, credit card statement and payslip as used in the Finance Finder game.

FB7 - Banking Methods

14 - 16yrs Students, Teachers

Deciding which method of banking is best for you.

FB8 - Electronic Banking

14 - 16yrs Students, Teachers

Information about telephone, Internet and PC banking.

FB9 - Money Saving Tips

14 - 16yrs Students, Teachers

Tips for cutting costs and saving money in everyday life.

FB10 - Tips for Managing Debt

14 - 16yrs Students, Teachers

Tips suggesting how to stay in control of debt.

FB11 - Budgeting

14 - 16yrs Students, Teachers

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

FC1 - Types of Debt

14 - 16yrs Students, Teachers

Information about mortgages, loans (secured and unsecured), credit cards, store cards, buying on credit, hire purchase, overdrafts and unexpected expenses.

FC2 - Insurance

14 - 16yrs Students, Teachers

Information about what insurance is and the different types of insurance.

FC3 - Risk and Return

14 - 16yrs 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).

FC4 - Business and the Economy

14 - 16yrs Students, Teachers

Summary of how the economy functions, information about starting a business and how businesses are funded by investments.

FC5 - The Credit Crunch

14 - 16yrs Students, Teachers

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

FD1 - Exchange Rates

14 - 16yrs Students, Teachers

Information about what exchange rates are and why they fluctuate.

FD2 - Local and National Taxation

14 - 16yrs Students, Teachers

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

FD3 - Giving to Charity

14 - 16yrs Students, Teachers

Information about the different ways that one can give to charity.

FD4 - Ethical Spending

14 - 16yrs Students, Teachers

Information about the factors that influence our spending and ways we can be ethical consumers.

Money Saving Tips (Welsh)

14 - 16yrs Students

Money Saving Tips (Welsh)

Budgeting (Welsh)

14 - 16yrs Students

Budgeting (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 - Credit card statement

14 - 16yrs Students

A clear visual explanation of the items shown on a typical credit card statement.

Example - Mobile phone bill

11 - 14yrs, 14 - 16yrs Students

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

Example - Payslip

14 - 16yrs Students

A clear visual explanation of the typical items shown on a typical payslip.

Teachers' and Parents' notes

The interactive activities

14 - 16yrs Teachers, Parents

Teachers Guide

14 - 16yrs 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

14 - 16yrs Parents

Word banks/Glossaries

Glossary - 14 - 16

14 - 16yrs Students, Teachers

Glossary - 14 - 16