Learning objective

  • To begin to understand the differences between spending and saving money.

Success criteria

  • I can explain the difference between

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National curriculum

The National curriculum states that

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Before the lesson

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Lesson plan

Recap and recall

Display one of the photos on the whiteboard from Lesson 3 of this unit, showing one of the groups role-playing a scenario from inside a bank. Arrange the children into pairs and ask them to discuss what is happening in the scenario.

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Adaptive teaching

Pupils needing extra support

Could use visual cues during the ‘Stroll, stop, speak’ activity such as hand signals or symbols; could provide two options to choose from for responses to questions.

Pupils working at greater depth

Should compare and contrast the advantages and disadvantages of saving and spending; should articulate their experiences of how people spend and save their money.

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Assessing progress and understanding

Pupils with secure understanding indicated by: distinguishing the difference between

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Vocabulary definitions

  • choice

    Deciding what to do with money.

  • expensive

    Something that costs a lot of money.

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