MoneySense

Posted: 27th November 2020

MoneySense

 

Money, money, money
Must be funny
In the rich man’s world

Lyndhurst School focused on money this week using all the great activities in Natwest MoneySense – an inspirational financial education programme.  The children learnt all about finances this week.  Money skills are important life skills.

Year 1 and 2 joined forced to look at how get, gain and give money and why it is important to keep it safe. We started by looking at how we gain money, and of course not only by earning it with a job, but the tooth fairy is also our main source here in lower school! The children had to think very hard of how exactly we keep our money safe, not only by giving it to a person we trust, but also putting it away in a bank account or in our purses. We then read a story about Helen opening a Lemonade stand and had to try and do one better… we set ourselves up in groups and decided to create our own smoothie stands. This was very hard at first as we only had £50! The blender alone cost £14, and please don’t mention the cost of the plastic cups…. A whole £12! The children had to work together with their budget to plan not only which fruit they wanted to sell, but also the equipment needed. This made them think really hard about what was necessary, not what was needed.

Year 3 & 4 were tasked with planning a party with a budget. They had to select a child from a choice of options and look at their interests and likes and organise the party from Venue hire to crisps, drinks and party bags. Each group were very well together and shared their ideas. It gave them an excellent idea of how much items cost and even greater insight into the fact that lots of planning goes into parties!

Year 5 & 6 looked at the more serious side of money – looking at opportunities of identity theft and fraud. Giving them an insight into how to protect their personal information on-line and how to safely dispose of sensitive information.

#TalkMoney