Year 5 Economic wellbeing

Developing understanding about income and expenditure, borrowing, risks with money and stereotypes in the workplace

Choose your lesson

Lesson 1: Borrowing

Children learn that a loan can be a way to pay for things but that it needs to be repaid

Lesson 2: Income and expenditure

Understanding income and expenditure and how to track money

Lesson 3: Risks with money

Pupils learn some of the risks associated with money and what they can do to keep money safe and not waste it

Lesson 4: Prioritising spending

Children learn how to put together a weekly budget by learning the difference between needs and wants

Lesson 5: Stereotypes in the workplace

Children learn that stereotypes can exist in the workplace but they should not affect people’s career aspirations

Assess your pupils

Assessment quiz and Knowledge catcher. These can be used at the start of the unit to access where pupils are in their learning as well as the end of the unit to assess progress. Go to assessment resources