Lesson 2: Budgeting

Children develop an understanding of why budgeting is important and learn how to put a budget together

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  4. Archived unit: Y3 Economic wellbeing >
  5. Lesson 2: Budgeting

Before the lesson

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Learning objective

  • To understand how to put together a budget

Statutory guidance

  • Nothing relevant to this lesson

Success criteria

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Cross-curricular links

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Attention grabber

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Main event

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Differentiation

Pupils needing extra support: Could focus on the first three Activity: Scenarios only. 

 

Pupils working at greater depth: Could start from the second scenario in the Activity: Scenarios to ensure that they have time for the more challenging ones. You could also throw in a change whilst they are working on their budgets, such as an unexpected expense.

Wrapping up

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Assessing pupils' progress and understanding

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Vocabulary

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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…
Find out more
Lesson 1: Ways of paying Previous Lesson
Lesson 3: How spending affects others Next Lesson

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Lesson 3: How spending affects others

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Assessment RSE & PSHE Y3: Economic wellbeing

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