Financial Education

INTENT


In the North Cheam Hub, we aim to foster an awareness of the crucial nature finance plays in everyday life. Our ambition is to create a culture where our children can understand and respect the value of money whilst making sensible financial choices. Within our curriculum, we will bring our finance lessons to life within many subject areas by linking financial learning to real life contexts, adapting teaching to the ever-changing financial climate the children grow up in. Learning will be delivered alongside our commitment to the LEO Pupil Outcomes by developing children’s financial literacy skills to become leaders and life-long learners. Furthermore, we want to equip children with the awareness that having and spending money is not the root of all happiness. We want to prepare our children to have a brighter financial future with an informed mind-set towards finance, leading to fulfilled, happy and purposeful lives.


IMPLEMENTATION


EYFS - Trip to Tesco (soup making), Money Sense Workshops (Natwest) for all year groups, Metro Bank workshops and Trip in Years 4 & 5, Money Week - Summer Term, Money Ambassadors 

We follow the Young Money Primary Planning Framework -  Financial Education Primary Planning Framework. All year groups work through a sequence of lessons that ensures progression of financial education knowledge, skills and attitudes through four key themes:
• How to manage money;
• Becoming a critical consumer;
• Managing risks and emotions associated with money;
• Understanding the important role money plays in our lives.
Lessons are carefully sequenced so prior knowledge and skills are built upon each year. We have now fully implemented financial education into our curriculum and each year group is expected to teach three lessons per half term. 
Folders/books contain evidence of the skills taught in lessons. 
All Pupils are assessed against the primary planning framework.

One 30 minutes to 1 hour lesson is taught every other week. Each lesson begins with a recall of the aims/skills taught in the previous lesson. 

Each lesson ends with a key question to probe further thinking. Home Learning to be planned for each year.

LEO Maths Week → incorporating a money day within this themed week 

Annual Money Week will further embed/recall understanding during organised activities/lessons. 

Displays/Working walls 

IMPACT


Our financial education provision fosters an awareness of the crucial nature finance plays in everyday life. Our ambition helps to create a culture where our children can understand and respect the value of money whilst making sensible financial choices.

The value of financial education in young people in primary schools is parapment ot their learning. Effective and informative financial education lessons give our children the skills they need to make the most of their money, plan for the future and avoid getting into problems like debt or experiencing financial exploitation.