Financial Planning
Setting longer-term financial goals; planning and prioritising spending; how saving regularly adds up over time; the value of thinking ahead with money
Teaching approaches
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1 approach
If your child wanted to save up for something costing £30, could they work out a realistic plan for how long it would take?
Setting longer-term financial goals; planning and prioritising spending; how saving regularly adds up over time; the value of thinking ahead with money
Learning resources
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Check understanding
- Set a realistic savings goal and calculate how long it would take saving a fixed amount each week
- Create a simple financial plan for a specific purpose (birthday party, school trip, gift)
- Explain why planning ahead with money is better than spending everything as it comes in
“If your child wanted to save up for something costing £30, could they work out a realistic plan for how long it would take?”
Curriculum record
- Type
- Conceptual
- Subject
- Life Skills
- Domain
- Money & Finance
- Age range
- Ages 9–11