Nationwide Education Logo
Nationwide Logo

Practical activities

Practical activity suggestions

Below is a list of activities you can do with your students in the classroom (or suggest they do at home with their parents), to help them put their learning into practice.

  • Create an artwork on the wall using photographs and magazine/newspaper clipping of things that are:
    • below £10
    • £100 – £200
    • over £1,000.
    Write estimates of the value of each item and then investigate the items' actual cost.
  • Plan and carry out an enterprise activity (e.g. baking cakes to sell at playtime). Work out the costs of materials needed (e.g. ingredients) and investigate where these could be obtained most cheaply. Discuss the best selling price (you want to sell as many as possible and offer 'value' to customers but also make a 'profit' on each item).
  • Write and film an educational video about how to set up a building society or bank account. Explain the process and any tricky terminology.
  • Set up a 'pet shop' in the role-play area or corner of the room – to provide a hands-on means of consolidating the pupils' financial understanding. Ask the children to think what they need to set it up and encourage them to bring toy animals from home and make pet accessories like bowls, collars and pet food. With adult help, they could look in catalogues and on the internet at real prices and discuss how much each of their own items should be sold for, making their own price labels.
  • For a particular destination/trip, plan a route (considering expense and efficiency). Investigate different modes of transport (e.g. bus, train, car) and find out the costs, journey length and timetables.
  • Find out about the work of a local charity and organise an event to raise money for it.
  • Set up a school garden to grow a series of vegetables. Cost out the seeds. Record the amount of time spent on gardening. When vegetables are harvested, investigate the comparable costs in the supermarkets.
  • Role-play shops using plastic coins (or photocopy from work cards and cut out or make their own).
  • In groups 'role play' a variety of scenarios such as going food shopping, going to the launderette, going to a cinema, to involve some buying and selling.
  • Divide the class into pairs. Sort different quantities of coins (real or plastic) and practise counting out different amounts to each other.
  • Research online how much it would cost to buy their favourite pet – finding out the prices of the pet, equipment, food, etc.
  • Draw/paint/crayon their own coins and paper money to use in role play.