Lesson 2: Budgeting

Children develop an understanding of why budgeting is important and learn how to put a budget together

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  3. Lower key stage 2 >
  4. Archived unit: Y3 Economic wellbeing >
  5. Lesson 2: Budgeting

Before the lesson

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Learning objective

  • To understand how to put together a budget

Statutory guidance

  • Nothing relevant to this lesson

Success criteria

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Cross-curricular links

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Attention grabber

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Main event

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Differentiation

Pupils needing extra support: Could focus on the first three Activity: Scenarios only. 

 

Pupils working at greater depth: Could start from the second scenario in the Activity: Scenarios to ensure that they have time for the more challenging ones. You could also throw in a change whilst they are working on their budgets, such as an unexpected expense.

Wrapping up

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Assessing pupils' progress and understanding

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Vocabulary

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In this unit

Created by:
Sarah Huggins,  
RSE & PSHE specialist
Sarah has over 20 years’ experience in education. Starting as a Primary teacher, Sarah then moved into an advisory role that covered both PSHE education and Citizenship. She delivers courses for teachers, as well as sessions for children and young…
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Lesson 1: Ways of paying Previous Lesson
Lesson 3: How spending affects others Next Lesson

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