Y5/6 (A): Economic wellbeing
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Y5/6 (A): Economic wellbeing
Unit outcomes
Pupils who are secure will be able to:
Year 5 and 6
- 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 how to create a weekly budget, including prioritising needs over wants.
- Understand that there are risks associated with money and what some of these are.
Year 5 only
- Understand that there are a range of jobs that people can do, what some of these jobs are and what is required for some jobs.
Year 6 only
- Understand that there are different routes into careers.
Suggested prior learning
Y3/4 (A): Economic wellbeing
Get startedLessons
Y5/6 (A): Lesson 1: Borrowing
To understand that a loan can be a way to pay for things but that it needs to be repaid
Y5/6 (A): Lesson 2: Income and expenditure
To understand income and expenditure and how to track money
Y5/6 (A): Lesson 3: Prioritising spending
To understand how to put together a weekly budget
Y5/6 (A): Lesson 4: Risks with money
To understand some risks associated with money
Y5/6 (A): Lesson 5: Careers
To understand the range of jobs people might do (Y5) To understand the different routes available into careers (Y6)
Key skills
Key knowledge
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Resources
Unit resources
Cross-curricular opportunities
Nothing relevant for this unit.