Y1/2 (B): Economic wellbeing
This unit hub can be used to inform your medium term plan and to navigate to related resources.
We’re monitoring the upcoming 2025 National Curriculum updates and will revise our resources when we know more. Learn more
- Subjects >
- RSE & PSHE >
- Mixed-age >
-
Y1/2 (B): Economic wellbeing
Unit outcomes
- Pupils who are secure will be able to:Y1 and Y2
- 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
Suggested prior learning
Y1/2 (A): Economic wellbeing
Pupils can access Cycle A / Cycle B of this unit in any order but should complete both cycles during their time in Year 1/2.
Lessons
Y1/2 (B): Lesson 1: Money
Learning about what money is, where it comes from and how people make money
Y1/2 (B): Lesson 2: Needs and wants
To begin to understand the difference between wants and needs
Y1/2 (B): Lesson 3: Saving and spending
To begin to understand that people make different choices about spending and saving money
Y1/2 (B): Lesson 4: Banks and building societies
To understand the benefits of banks and building societies
Y1/2 (B): Lesson 5: Jobs
To understand that skills and interests will help someone decide what job to do
Related content
Resources
Unit resources
Cross-curricular opportunities
Maths
Measurement: money
Suggested next steps
Y1/2 (A): Economic wellbeing
Y3/4 Economic wellbeing (Cycle A)
Pupils can access Cycle A / Cycle B of these units in any order but should complete both cycles.