Talking to your child now about how money comes to them as an adult can help them understand the links between work, money and future lifestyle/goals. This activity gives your child the opportunity to ask adults questions about their job, earnings and spending and saving choices. Listening to an adult speak from experience, tell personal stories and tackle concepts such as income tax and salaries, will give your child an insight into the ‘World of Work’.
Theme |Understanding the role money plays in our lives
Give your child an insight into how adults earn money, and how that money is used, with the opportunity to ask questions.
This activity will cover the following themes from the Young Money Financial Education Planning Framework:
- Understanding the important role money plays in our lives: Link between work and money, wider community
This activity will cover the following learning objectives from the Young Money Financial Education Planning Framework:
- I know that money is deducted from earnings to provide the things we all need.
- I am beginning to understand that the choice I make about work and money will affect my life.
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: 50 minutes
deductions, earn, insurance tax, job, money, national issurance, paid, pension, salary, wages, work
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