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Year 6 · Citizenship · Money for secondary school · Lesson 1

Budgets, saving and bank cards

Money for secondary school: budgets, income and spending, needs and wants, saving calculations, debit, prepaid and credit cards, PIN safety and tracking spending.

Whiteboard video lesson: Budgets, saving and bank cards

13-minute video lesson

Teaching, worked examples and 20 practice questions solved step by step.

Watch free for a month

What your child will learn

  • Make a simple budget
  • Distinguish needs and wants
  • Calculate savings
  • Use bank cards safely

The method

  1. Income.
  2. Needs first.
  3. Save.
  4. Track + protect.

Key words: budget, income, saving, debit card, PIN, needs and wants.

Worked examples

The first three practice questions from the lesson, with every step.

Question 1

What is a budget?

  1. Step 1: Plan

Answer: a plan for your money

Question 2

What is income?

  1. Step 1: In

Answer: money coming in

Question 3

What is spending?

  1. Step 1: Out

Answer: money going out