• Recognise that people make different choices about saving and spending.
• Recognise that different skills are needed for different jobs.

Y1 only

• Explain how children might get money.
• Explain the difference between wants and needs.
• Explain that banks and building societies are a way of keeping money safe

Y2 only

• Explain how adults might get money.
• Recognise that saving may be necessary to buy the things we want.
• Consider different elements when choosing a bank account