Talk Money Week 2021- Economic and Financial Education
Monday 8th November marks the start of Talk Money Week, the national campaign to get everyone in the nation talking about money.
Download the Talk Money Toolkit for Schools with ideas to help educators get involved and talk money in the classroom. Join the conversations on Twitter using #TalkMoney and tagging in @MoneyPensionsUK
''Teaching pupils about money matters and how the economy works is more important than ever. The subject of Citizenship equips pupils with the essential knowledge, concepts and skills to make informed and responsible financial choices in their lives today and to understand the importance of good decision making and planning for their future'' Liz Moorse, Chief Executive, ACT
Economic and Financial Education in the Citizenship National Curriculum
The national curriculum for citizenship aims to ensure that all pupils are equipped with the skills to think critically and debate political questions, to enable them to manage their money on a day-to-day basis, and plan for future financial need.
KS3 subject content states: Pupils should be taught about the functions and uses of money, the importance and practice of budgeting, and managing risk.
KS4 subject content states: Pupils should be taught about income and expenditure, credit and debt, insurance, savings and pensions, financial products and services, and how public money is raised and spent.
You may also find the following resources from ACT useful:
Academic Journal: Teaching Citizenship Issue 50 Economic and Financial Education through Citizenship
This curriculum framework will help you think about the opportunities for teaching Economic and Finance Education (EFE) in Citizenship
Expert-led Webinar - Demystifying Economic and Finance Education recording
A chance to watch the expert led webinar designed to build teacher subject knowledge. This CPD webinar is led by Ann Whittaker from the Bank of England. It gives an overview about the role of the Bank as a key institution in the UK economy and how developing financial education is key to addressing the teaching requirements of the Citizenship Programmes of Study and GCSE specifications. https://vimeo.com/manage/videos/573082361/de1d810ca6
ACT Oak National Academy Lessons on 'How to Manage our Money well'
ACT teachers have designed a unit of work, with recorded lessons, and editable content:
How to manage our money well
● What is the best way to look after your money?
● How can I pay for things?
● What are the implications of borrowing money?
● How can I keep track of my money?
● Where can I save my money?
● What are my rights as a consumer?
Key Stage 3 downloadable versions with slides for you to use and adapt