Key Stage 3
At this stage, pupils need to learn about what influences how we spend or save money and how to become competent at managing personal money in a range of situations including those beyond their immediate experience. They learn how local and central government is financed. They learn about insurance and risk and about making safer choices about healthy lifestyles. They learn about social and moral dilemmas and about the use of money including how the choices they make as consumers affect other people’s economies and environments. They learn to solve complex numerical problems involving money including calculating percentages, ratio and proportion.