Lesson 1: What is value for money?
Developing an understanding of what makes something good value for money.
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Learning objective
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Success criteria
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Non-statutory guidance
Cross-curricular links
Before the lesson
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Lesson plan
Before starting this unit, you might want to check if children can:
Identify the advantages and disadvantages of different methods of payment.
Understand what budgeting money is and how a person can benefit from it.
Recognise the ways that money can impact people’s feelings and emotions.
Explain how people’s spending decisions can affect others and the environment.
Recognise a range of future jobs and opportunities available to them.
Understand what job stereotypes are and the important factors in choosing a job.
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