MoneySense - Money for Life
This is a useful resource to promote discussions on the financial implications of life choices, for example attending university, having a mortgage or renting a property. There are a number of of worksheets with a range of activities. Web-based and paper-based versions are available. The online version includes videos and interactive activities. There is also a particularly useful glossary on financial terms.
This resource provides clear and concise information on a range of financial topics which are pertinent to pupils preparing to leave school for further education, or a work placement. The worksheets, activity sheets and quizzes are easy to use and are very useful in assessing the understanding and progress of the students. Also, the suggestions for follow-up discussions serve well to enhance the understanding of the topics.
- COST FREE
- PUBLISHED04/07
- PHOTOCOPIABLE Yes
- SPONSORRoyal Bank of Scotland Group / Natwest
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Or contact the distributor
MoneySense for Schools
- Phone
- 0800 912 0870
- Fax
- 0800 912 0871
- Email them moneysense@education.co.uk
- Address
- Freepost RR59
Rochester
Kent
ME2 4BR
- Website
- Visit their website http://www.rbsmoneysense.co.uk/rbs/schools.asp
ENGLAND
Suitability
- Suitable for key stage 16-19
- Suitable for year groups 12 & 13
- Suitable for 16 - 18 year olds
Secondary Key Concepts
- Career (PSHE Education EWBFC 1.1)
- Capability (PSHE Education EWBFC 1.2)
- Risk (PSHE Education EWBFC/PWB 1.3)
Secondary Key Processes
- Self-development (PSHE Education EWBFC 2.1)
- Exploration (PSHE Education EWBFC 2.2)
- Financial capability (PSHE Education EWBFC 2.4)
- Taking informed and responsible action (Citizenship 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)
- Social and moral dilemmas about the use of money (PSHE Education EWBFC 3)
- The effect of diverse and conflicting values on individuals, families and communities and ways of responding to them (PSHE Education PWB 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 - 18 year olds
WALES
Suitability
- Suitable for key stage 16-19
- Suitable for year groups 12 & 13
- Suitable for 16 - 18 year olds
SCOTLAND
Suitability
- Suitable for year group 16-19
- Suitable for 16 - 18 year olds
Relevant subjects
Suitable for gifted and talented
The teachers' notes include suggestions and activities for more able students.
Related resources
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27 Oct 09 Finance World
An interactive online resource aimed young adults aged 16 upwards, designed to support the development of personal finance skills in a fun and engaging way. The free resource includes an interactive game and activities, downloadable fact sheets and real life case studies, and is designed for use on PCs or interactive whiteboards in the classroom or at home.
Your comments
Kate Snapes
Consultant
Kate Snapes's comment:
Money for Life
Although this resource is aimed at 16 – 18 year-olds, I have often seen it used successfully with students in Key Stage 4.
The first 3 sections, Samara’s student budget, Paul the plumber and Eve and Jason’s mortgage can be used as stand-alone units to introduce different financial topics, e.g. Paul the plumber introduces payslips, savings and pensions.
The activity entitled Circle of life in the Life choices section is particularly good. Young people are asked to think about the major events in their lives, the financial implications of them and the financial products that they are likely to need as a consequence of them. I have seen it used both to introduce financial products and to assess young people’s knowledge of them.