Giving your child the opportunity to earn, give, spend, lend, borrow and save is a great way to help them learn about money. Pocket money can help your child learn how to manage their own money in lots of ways, including deciding what to do with it and how to keep it safe.
Theme |Understanding the role money plays in our lives
Ideas and suggestions about how to help your child develop an understanding of where money comes from and how to keep it safe.
This activity will cover the following themes from the Young Money Financial Education Planning Framework:
- Managing risks and emotions associated with money: Keeping money safe
- Managing risks and emotions associated with money: Looking after my money
This activity will cover the following learning objectives from the Young Money Financial Education Planning Framework:
- I understand that money has a value and needs to be taken care of.
- I can keep a suitable place to keep my money safe, and explain my choice.
The Financial Education Quality Mark gives educators confidence that the financial education materials they are using are of the highest educational value, contain accurate and up-to-date information and are engaging and relevant for young people.
About this activity
Timing: 15 minutes
borrow, buy, coins, earn, loan, money, money box, notes, save, spend
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