Author: gemse

Our Learning Keys

Finance

How to manage money; Keeping track of money

Year 1
Autumn 2

Questions
Do you know the different ways there are to keep track of your money and your spending?
Can you keep financial records of your money?
Do you understand that you might run out of money if you don’t keep track of it well.

Vocabulary
Deposit
Withdraw
Spending diary
Bank account
Balance
Bank book
Financial records
Earn
Unexpectedly

Images

Facts
Banks keep your money safe for you after you earn it.
You can deposit your money at the bank for safe-keeping but then withdraw it to spend it.
Banks will let you know when you run out of money but they won’t tell you until you get to £0.
You need to keep a track of your own money and spending to make sure that you have enough for what you want and need.

Previously...

Unit 1.8
Sacred books and stories

Next...

Links
Maths; addition, subtraction.
PSHE
Values;

Doors this will open…