Download Trainee PowerPoint 2

Learning About Money in
the Secondary Classroom
What does personal finance look like in the
classroom and why do we need to teach it?
Aims for today
O To understand what Financial Education involves;
O Understand why and how Financial Education can be
delivered within Mathematics;
O Be introduced to some useful free resources and
teaching ideas.
What are financial capability
and financial education?
Being financially capable means
you can
O make ends meet
O keep track of your finances
O plan ahead
O choose financial products
O stay informed about financial matters
Money Maker Deals – Which One’s For You?
I have three deals on offer.
You give me £100 and at the end of a year I give you…
Deal One
Deal Two
Deal Three
Your £100 gets you
£110 at the end of a
year
Your £100 gets you
£150 at the end of a
year
Your £100 gets you
£200 at the end of a
year
Deal One
Deal Two
Deal Three
Invests in a small local
firm giving training and
skills to local
unemployed young
people.
Imports cocoa beans
from developing
countries and sells
them to sweet
manufacturers
Invests in companies
making armaments
and selling them to
countries in the
developing world
What is personal
finance education?
A planned
programme of learning
opportunities that develops
the financial capability of
young people
What are we trying
to achieve?
Young people will
know/be able to…
Four core themes:
1. how to manage money
2. becoming a critical consumer
3. managing risk and emotions
4. how finance plays an
important part in our lives
Planning Framework
Providing financial education
means that you are helping young
people to...
O Build confidence in relation to their personal finances
O Develop the financial skills necessary to live
independently
O Explore personal attitudes towards money and money
management
Curriculum contexts:
1. Personal, Social, Health and
2.
3.
4.
5.
6.
Economic education
Citizenship
Mathematics
Enterprise
Work-related learning and careers
My Money Week
What is a Money Week?
O Targeted at all young people
O Focused week of learning activities
O Flexible to meet individual school needs
O Can be done at any time of the year
O Enrichment - not a replacement for
embedded curriculum learning
Why Mathematics?
National Curriculum aims for Mathematics
All pupils will:
O Become fluent in the fundamentals of
mathematics
O Reason mathematically
O Solve problems by applying mathematics
Why Mathematics?
1.Personal finance is an excellent
context in which to teach
mathematics and meet the national
curriculum aims for mathematics.
2. Personal finance is in the
mathematics curriculum
Mathematics Curriculum
The new Programmes of Study state that
• “Mathematics is an interconnected subject in which pupils
need to be able to move fluently between representations
of mathematical ideas”
• Pupils should apply their mathematical knowledge
wherever relevant in other subjects and in financial
contexts and be taught to:
o Develop fluency
o Reason mathematically
o Solve problems
What is expected of pupils?
Further advice and support