Money Skills 16 - 25

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This is a financial capability resource aimed at vulnerable and excluded young people, including those who are unemployed, disengaged from learning, leaving care or homeless. The core target audience is 16 to 19 year olds, but it will also be relevant to many young people up to the age of 25. This resource, free to download, contains a comprehensive set of exercises and worksheets covering many aspects of personal finance and includes many useful references to other sources of financial help and advice. The activities tend to be in the form of games and they contain teachers'/facilitators' notes and fact sheets. Also, the issues covered by this resource would make the activities valuable for any young person starting their first job, going to college or living away from home.

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  • COST FREE
  • FORMAT Download
  • PUBLISHED06/09
  • PHOTOCOPIABLE Yes
  • SPONSORBarclays
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Barclays

ENGLAND

Suitability

  • Suitable for key stage 16-19
  • Suitable for year groups 12 & 13
  • Suitable for 16 - 19 year olds

Secondary Key Concepts

  • Capability (PSHE Education EWBFC 1.2)
  • Risk (PSHE Education EWBFC/PWB 1.3)
  • Personal identities (PSHE Education PWB 1.1)

Secondary Key Processes

  • Self-development (PSHE Education EWBFC 2.1)
  • Exploration (PSHE Education EWBFC 2.2)
  • Financial capability (PSHE Education EWBFC 2.4)
  • Developing relationships and working with others (PSHE Education PWB 2.3)

Secondary Range and Content

  • Personal budgeting (PSHE Education EWBFC 3)
  • Wages(PSHE Education EWBFC 3)
  • Taxes(PSHE Education EWBFC 3)
  • Money management (PSHE Education EWBFC 3)
  • Credit and/or debt (PSHE Education EWBFC 3)
  • Knowing about a range of financial products and services (PSHE Education EWBFC 3)
  • How money can make money through savings, investment and trade (PSHE Education EWBFC 3)
  • Social and moral dilemmas about the use of money (PSHE Education EWBFC 3)
  • Calculations and manipulations with real numbers (Mathematics Number and Algebra 3.1)
  • The changing nature of UK society, including the diversity of ideas, beliefs, cultures, identities, traditions, perspectives and values that area shared (KS3) (Citizenship 3)
  • The rights and responsibilities of consumers, employers and employees (Citizenship 3)

NORTHERN IRELAND

Suitability

  • Suitable for key stage 16-19
  • Suitable for year groups 13 & 14
  • Suitable for 16 - 19 year olds

WALES

Suitability

  • Suitable for key stage 16-19
  • Suitable for year groups 12 & 13
  • Suitable for 16 - 19 year olds

SCOTLAND

Suitability

  • Suitable for year group 16-19
  • Suitable for 16 - 19 year olds

Relevant subjects

Relevant topics

Suitable for special educational needs

The pack is suitable for all abilities as most activities are teacher led and require little writing or reading.

Assessor's comments

What makes this such a good resource is its thorough planning, which means it is ready for use with just a little preparation by the teacher or facilitator. The activities are self-explanatory and fun. At the same time, they cover important issues such as financial issues facing young people, budgeting, prioritising needs and wants, seeking financial advice and product information, getting the best deal (bank accounts and mobile phones), accessing financial services and products, consumer rights and responsibilities, the dangers of debt, etc. The fact sheets provide an invaluable background to the activities. The whole pack is very user-friendly.

Your comments

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Helena Mullins's comment:

Financial Capability

Many activities in this resource are popular with schools. “Who Wants to be a Squillionaire?” taps into pupils’ competitive spirit and provides a fun way for engaging them in questions about money. Teachers like to use the activity to assess pupil knowledge at the beginning or end of a series of Financial Capability lessons. The budgeting activities “Ready Steady Cook” and “Money in Your Pocket” go down well because they focus on very practical situations that young people need to become adept in dealing with, e.g. budgeting for a night out. Pupils like the ‘agony column’ type activity, “Dear Capital Sensible” where they work in teams writing responses to a range of worrying problems and develop skills in filling in application forms, e.g. for a bank account or Jobseeker’s Allowance.

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Teacher in classroom

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