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This unit has now been replaced by the Year 5 unit Year 5 Economic wellbeing. Kapow no longer updates these lessons, and they may not reflect the national curriculum or current guidance. They remain a permanent part of your subscription and will continue to be available for reference and use. We recommend that you explore the new versions of the lessons.
Unit outcomes
Pupils who are secure will be able to:
- Understand that borrowing money is a way to pay for something but this has to be repaid.
- Understand what income and expenditure are and how these can be recorded.
- Understand that there are risks associated with money and what some of these are.
- Understand how to create a weekly budget, including prioritising needs over wants.
- Understand that stereotypes can exist in the workplace and how these can affect people.
Suggested prior learning
Archived unit: Y4 Economic wellbeing
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Lessons
Lesson 1: Borrowing
Lesson 2: Income and expenditure
Lesson 3: Risks with money
Lesson 4: Prioritising spending
Lesson 5: Stereotypes in the workplace
Key skills
- Discussing risks associated with
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Key knowledge
- To know that when
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Key vocabulary
Discrimination
Expenditure
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Related content
Unit resources
Knowledge organiser – RSE & PSHE: Y5 Economic wellbeing
Aimed at pupils, a single page which gives key facts and definitions from the unit.
Subject resources
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Cross-curricular opportunities
Mathematics
Measurement
Pupils should be taught to:
- use all four operations to solve problems involving measure [for example, length, mass, volume, money] using decimal notation, including scaling.
Suggested next steps
Archived unit: Y6 Economic wellbeing
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