Lesson 2: How should I budget for the week?

Learning objective

To create a weekly budget.

Success criteria

I can identify different sources of income and

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National curriculum

The National Curriculum

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Cross-curricular links

British values

Democracy

Embrace

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Before the lesson

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Lesson plan

1: Lesson plan

An area for you to put useful resources from the previous lesson

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Adaptive teaching

Pupils needing extra support

Could identify one source of income and one type of expenditure; should use the Activity: Budget sheet: support version in the Main event.

Pupils working at greater depth

Should elaborate on their choices by breaking down more specific budget categories, exploring different types of income and discussing the implications of various expenditures.

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Assessing progress and understanding

Pupils with secure understanding indicated by: engaging in discussions about

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Vocabulary definitions

allocate

To distribute resources or duties for a particular purpose.
budget

An estimate of income and expenditure for a set period.

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In this unit

Assessment - RSE & PSHE Y5: Economic wellbeing

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Lesson 1: How can we make our money stretch further?

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Lesson 2: How should I budget for the week?

Lesson 3: Borrowing and loaning

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Lesson 4: Risks handling money online

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Lesson 5: Why challenge workplace stereotypes?

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Lesson 6: Finding a suitable career

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