Life skills // Money & Finance

Saving Money

Why people save money; piggy banks and saving jars; setting a savings goal; the idea that not spending now means having more later

Quick check

If the learner received some birthday money, could they explain why it might be smart to save some of it rather than spending it all at once?

Ask this to see whether the topic is secure.

Topic // Mastery

What a learner can do once this topic is secure.

Explain why someone might save money instead of spending it straight away
Describe a savings goal they could set and how they would work towards it
Tell you what delayed gratification means in their own words (waiting to get something better)

Topic // Map

What to learn first and what this topic opens up, with the reason for each link. Required links come first.

2 topics

What Money IsRequired
Money & Finance // Ages 5 to 7
Must understand what money is before learning to save it
Needs & WantsHelpful
Money & Finance // Ages 5 to 7
Understanding needs vs wants helps motivate saving decisions

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Saving Money

Ages 5 to 7 // Concept

2 topics

Budgeting Pocket MoneyRequired
Money & Finance // Ages 7 to 9
Must understand saving concept before budgeting a fixed amount
Banks & SavingRequired
Money & Finance // Ages 7 to 9
Must understand saving before learning about banks as saving institutions

Life skills // Money & Finance