Life skills // Money & Finance
Financial Planning
Setting longer-term financial goals; planning and prioritising spending; how saving regularly adds up over time; the value of thinking ahead with money
Quick check
If the learner wanted to save up for something costing £30, could they work out a realistic plan for how long it would take?
Ask this to see whether the topic is secure.
Topic // Mastery
What mastery looks like
- Set a realistic savings goal and calculate how long it would take saving a fixed amount each week
- Create a simple financial plan for a specific purpose (birthday party, school trip, gift)
- Explain why planning ahead with money is better than spending everything as it comes in
Topic // Map
Where this fits
- RequiredMust come first
- HelpfulHelps, but not essential
Before this
2 topics- Budgeting Pocket MoneyRequired
Money & Finance // Ages 7 to 9
Must understand basic budgeting before longer-term financial planning
- Banks & SavingRequired
Money & Finance // Ages 7 to 9
Must understand banking and interest before planning long-term savings goals
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Financial Planning
Ages 9 to 11 // Concept
Leads to
1 topic- Scaling UpHelpful
Entrepreneurship // Ages 9 to 11
Cross-domain: financial planning (Money & Finance) supports understanding business growth finances
Life skills // Money & Finance
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