When can you give money? | Financial education | Quizalize & Oak National Academy

Starter quiz

Look at the coins. How much money is there altogether?
- '£17.30' ✓
A new tennis racquet costs £20 and you have £7 in total. How much more will you need to be able to afford one?
- '£13' ✓
Why should you keep a record of the money that you have?
- Because adults want you to.
- So you can keep track of it. ✓
- So you can keep track of how much you have.
Look at Alex’s money record. How much did the popcorn cost him?
- '£2' ✓
Look at Alex’s money record. How much pocket money does he get?
- '£2' ✓
Look at Alex’s money record. What does the − £2 represent?
- Alex paying £2 for popcorn.
- Alex losing a £2 coin.

Exit quiz

Which of these describes a charity?
- Organisations for helping people or other things that are in need. ✓
- A group of people raising money.
Milkshakes cost £2.50 but Izzy only has £2.20 so she doesn’t have enough. Jun offers to lend her the rest. How much will Jun need to lend Izzy?
- 10 p
- 20 p
- 30 p ✓
- 40 p
Look at Jun’s sponsorship form. How much did he raise altogether?
- '£24.50' ✓
Look at Izzy’s sponsorship form. How much did she raise altogether?
- '£18' ✓
Tick the situations where you are giving money.
- Giving money to a friend in need. ✓
- Paying for something. ✓
- Donating to charity. ✓
- Doing a sponsored walk for charity.
- Sponsoring someone to do something for charity. ✓
You should always give money to your friends if they need it and you have it. True or false?
- True
- False ✓

Worksheet

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Presentation

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Lesson Details

Key learning points

Money can be donated to charity, given to others or spent on others to help.
Spending money on other people can make people feel a range of emotions.
Spending money unwisely can lead to regret and unhappiness.

Common misconception

Pupils might belive fundraising to be exclusive to charities and not something that takes place in other contexts.

Ask the pupils to share fundraising experiences so they understand the range of contexts that it can cover. Have one or two local examples ready to share with the pupils if they're uncertain.

Keywords

Donate - To give money, food, clothes etc. to somebody or something, especially a charity.
Charity - Organisations for helping people or other things that are in need.
Sponsor - To agree to give somebody money for a charity if they complete a particular task.