Key Stage 2
During Key Stage 2, pupils learn about making simple financial decisions and consider how to spend their money e.g. pocket money and contributions to charity. They learn that their decisions can have individual, social and environmental consequences. They explore the concepts of earnings, expenses and budgeting. By learning how to look after money, they begin to understand the benefits of saving. They develop an understanding that financial circumstances and standards of living can vary across time and place . They explore the different values and attitudes that people have with regard to money.