Y5/6 (A): Lesson 3: Prioritising spending

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

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  5. Y5/6 (A): Lesson 3: Prioritising spending

Learning objectives

  • To understand how to put together a weekly budget

National curriculum

  • PSHE Association’s Programme of Study for PSHE: Living in the wider world > L20. to recognise that people make spending decisions based on priorities, needs and wants and L24. to identify the ways that money can impact on people’s feelings and emotions

Success criteria

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Cross-curricular links

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Before the lesson

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Download classroom resources

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Attention grabber

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Main event

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Differentiation

Pupils needing extra support: Can focus on the budget for family B or C in the Activity: Weekly budgeting.

Pupils working at greater depth: Should use the budget for family A in the Activity: Weekly budgeting.

Wrapping up

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Assessing pupils' progression 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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Y5/6 (A): Lesson 2: Income and expenditure Previous Lesson
Y5/6 (A): Lesson 4: Risks with money Next Lesson

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Y5/6 (A): Lesson 2: Income and expenditure

Y5/6 (A): Lesson 1: Borrowing

Y5/6 (A): Lesson 4: Risks with money

Y5/6 (A): Lesson 5: Careers

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