Starter quiz
- Which of these is the way we write five pence?
- £5.00
- 5 p ✓
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- 4 is less than 6 so which symbol would you put between the numbers? 4 ______ 6
- >
- =
- < ✓
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- Which symbol would you place between these two amounts of money? £4 ______ £6
- < ✓
- =
- >
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- Which symbol would you place between these two amounts of money? £10 ______ £5
- =
- > ✓
- <
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- What does it mean to spend money?
- To pay money for things. ✓
- To be given money.
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- Do you have to spend money if you have some?
- Yes
- No ✓
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Exit quiz
Which item could you afford with £2 to spend?- Crayons
- Pencils ✓
-
Which item could you afford with £3 to spend?- Milkshake
- Juice ✓
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Which item could you afford with £5 to spend?- Pizza
- Burger ✓
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- Match the save and spend with the correct description.
- Spend⇔To pay money to get something. ✓
- Save⇔To put money aside and not spend it. ✓
- If you want a toy that costs £10 but you only have £6 then how much will you need to save?
- £3
- £4 ✓
- £5
- £6
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- Which of these is a way of saving money?
- Ask a friend to give you some money.
- Stop buying sweets and keep the money. ✓
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Worksheet
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Presentation
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Video
Lesson Details
Key learning points
- Money spent is no longer yours.
- Money doesn’t have to be spent all at once.
- Money that isn’t spent is saved – it doesn’t disappear and can be spent later.
- By saving money over time, you can afford more expensive things.
Common misconception
Children need to be able to understand and use the inequality symbols < and > in this lesson.
If children are unsure about this then use language cues and stem sentences rather than the symbols.
Keywords
Save - To keep something safe and not lose it.
Spend - To give money to pay for goods and services.
Afford - To have enough money to buy or do something.
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