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Lesson 2: Income and expenditure

Understanding income and expenditure and how to track money

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RSE & PSHE > Upper key stage 2 > Archived unit: Y5 Economic wellbeing > Lesson 2: Income and expenditure

Please note

Before the lesson

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Learning objectives

To understand income and expenditure and how to track money

National curriculum

PSHE Association’s Programme of Study for PSHE: Living in the wider world > L18. to recognise that people have different attitudes towards saving and spending money; what influences people’s decisions; what makes something ‘good value for money’ and L21. different ways to keep track of money

Success criteria

Cross-curricular links

Attention grabber

Main event

Differentiation

Pupils needing extra support: Can focus on scenarios 1 and 2 (Fraser and Florence) in the Activity: Budgeting scenarios.

Pupils working at greater depth: Can focus on scenarios 3 and 4 (Dexter and Ella) in the Activity: Budgeting scenarios.

Wrapping up

Assessing pupils' progression and understanding

Vocabulary

In this unit

Created by:

Sarah Huggins,

RSE & PSHE specialist

Sarah has over 20 years’ experience in education. Starting as a Primary teacher, Sarah then moved into an advisory role that covered both PSHE education and Citizenship. She delivers courses for teachers, as well as sessions for children and young…

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