Ways to pay - Intermediate
Overall time
60 minutes
Theme
How to manage money
Age
Ages 3-11 (KS1/2)
Introduction
As more people are using cashless payment methods in society today, it is important that we teach children that there are many ways to pay for things without physically exchanging money. Through this activity, children will understand the similarities and difference between various ‘plastic’ cards that are used to pay for things in shops. Children use a ‘decision tree’ to select methods of payment and to make spending choices. They explain their decisions by giving advice to a fictional character.
This activity is part of our range of Money Heroes resources for children with special educational needs.
These resources have been adapted to be flexible for use in a range of settings and with children of varying abilities or special educational needs. Rather than using age groups or key stages, each activity has been given a difficulty level, based on children’s financial knowledge, skills and understanding. Practitioners should choose activities based on the financial capability level of the children they are working with.
This is an intermediate level activity – this level suits children who have some financial education knowledge and are beginning to understand simple financial concepts such as spending and saving.
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