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Unit 23 MANAGING YOUR
OWN MONEY
Week 2
Session 1
LEARNING AIM
OBJECTIVES OF THE LESSON
All students will be able to:
• Apply mathematical understanding to work out
calculations
• Identify different sources of credit
• Explore how to use credit responsibly
• Assemble a creative mobile to show your understanding of
credit
Many students will be able to:
• Discuss the different types of credit available
Some students will be able to:
• Critically evaluate the use of credit to borrow money
STARTER
• On Monday William bought a guitar for £13
• On Tuesday he sold it for £16
• On Wednesday he bought it back for £27
• On Thursday he needed money for a football match
so he again sold his guitar, this time for £40.
• Overall, did William make or lose money?
RECAP
• Top tips on Managing money…
Welcome to the tearoom
The class will split into two.
Group 1 - Will sit down and order
some food and drinks. Then
individually pay for their items
Group 2 – Will take the orders
prepare the food and then take the
payment from a single person
THEN WE WILL SWAP
Demonstrate two methods of paying when you settle your bill
Let’s practice your maths skills
What did you learn from the tearoom task?
What did you find hard?
What did you find easy?
Why was this task important?
PAYDAY LOANS
A dangerous way to borrow money…….. Discuss
•http://www.youtube.com/watch?v=t7JT2enNi3A
What does APR mean
BOARD BLAST
• Sources of credit
PAIRED RESEARCH ACTIVITY
• How can you use credit responsibly.
• Consider the following as headings-
• Know how much you can afford to borrow
• Check the interest rate
• State your personal financial details accurately
HAVE YOU MET YOUR OBJECTIVES YET?
TASK
• Make a creative tree mobile to demonstrate your
understanding of credit
Loans
Credit
cards
KNIT ME A SCARF
Throughout this year we will be creating a learning scarf.
We will each have a turn at knitting a stitch which
signifies what we have learnt in a lesson.
Lets see how long this scarf will get and lets see
which group has the longest by the end of the year
HAVE YOU MET YOUR OBJECTIVES YET?
REFLECT
• How could knowing and understanding about borrowing
help them in the future.
HOMEWORK
• Research task-
• Find out about the Student Discounts available.
MANAGING YOUR OWN
MONEY
Week 2
Session 2
OBJECTIVES OF THE LESSON
All students will be able to:
• Describe the potential problems of using credit
• Outline activities to encourage children to learn about basic
money concepts
• Design a children’s game to promote understanding of
money
Many students will be able to:
• Explain how to ensure credit problems can be avoided
Some students will be able to:
• Define the benefits of saving money
STARTER ACTIVITY
• How many words from the letters in
• REPOSSESSED
RECAP
• On your white boards……
• What is meant by credit
• Feedback on homework- are there any new discounts
available for students
DISCUSSION
• Potential problems of using credit:-
• Legal action
• Emotional stress
• Goods repossessed
• Complete the Handout
THINK, PAIR AND SHARE
• Individually think of an activity to do with children to help
them understand money
• Work in a pair to talk about your ideas
• Share your idea with the group
LETS PLAY
• Using the maths resources available can
you develop your ideas.
HAVE YOU MET YOUR OBJECTIVES YET?
EVALUATE
• Play other learners games think what areas of SPICE
are covered
REVIEW
• Throw a ball to answer a question
MANAGING YOUR OWN
MONEY
Week 2
Session 3
OBJECTIVES OF THE LESSON
All students will be able to:
• Assess the importance of charity work
• Research and formulate an action plan for a charity event.
• Many students will be able to:
Explain the benefits of fun raising charity events
Some students will be able to:
• Formulate a creative and original fun raising plan
TIME TO THINK…….
• Think of a charity write it down and
pass the paper on
• http://www.youtube.com/watch?v=ETx
mCCsMoD0&feature=kp
DISCUSSION
• Why is charity work important
• Have they taken part in a charity event
INDIVIDUAL RESEARCH TASK
• Research a charity and explain what they do
• Plan an event you could do to raise money for the charity
PRESENTATION
•Present your findings to the group
•Feedback and reflection
Please complete the unit evaluation at the end of you
assignment
Make sure everything is signed and dated too!
HAVE YOU MET YOUR OBJECTIVES YET?

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Steph unit 23 week 2

  • 1. Unit 23 MANAGING YOUR OWN MONEY Week 2 Session 1
  • 3. OBJECTIVES OF THE LESSON All students will be able to: • Apply mathematical understanding to work out calculations • Identify different sources of credit • Explore how to use credit responsibly • Assemble a creative mobile to show your understanding of credit Many students will be able to: • Discuss the different types of credit available Some students will be able to: • Critically evaluate the use of credit to borrow money
  • 4. STARTER • On Monday William bought a guitar for £13 • On Tuesday he sold it for £16 • On Wednesday he bought it back for £27 • On Thursday he needed money for a football match so he again sold his guitar, this time for £40. • Overall, did William make or lose money?
  • 5. RECAP • Top tips on Managing money…
  • 6. Welcome to the tearoom The class will split into two. Group 1 - Will sit down and order some food and drinks. Then individually pay for their items Group 2 – Will take the orders prepare the food and then take the payment from a single person THEN WE WILL SWAP Demonstrate two methods of paying when you settle your bill Let’s practice your maths skills
  • 7. What did you learn from the tearoom task? What did you find hard? What did you find easy? Why was this task important?
  • 8. PAYDAY LOANS A dangerous way to borrow money…….. Discuss •http://www.youtube.com/watch?v=t7JT2enNi3A What does APR mean
  • 10. PAIRED RESEARCH ACTIVITY • How can you use credit responsibly. • Consider the following as headings- • Know how much you can afford to borrow • Check the interest rate • State your personal financial details accurately
  • 11. HAVE YOU MET YOUR OBJECTIVES YET?
  • 12. TASK • Make a creative tree mobile to demonstrate your understanding of credit Loans Credit cards
  • 13. KNIT ME A SCARF Throughout this year we will be creating a learning scarf. We will each have a turn at knitting a stitch which signifies what we have learnt in a lesson. Lets see how long this scarf will get and lets see which group has the longest by the end of the year
  • 14. HAVE YOU MET YOUR OBJECTIVES YET?
  • 15. REFLECT • How could knowing and understanding about borrowing help them in the future.
  • 16. HOMEWORK • Research task- • Find out about the Student Discounts available.
  • 18. OBJECTIVES OF THE LESSON All students will be able to: • Describe the potential problems of using credit • Outline activities to encourage children to learn about basic money concepts • Design a children’s game to promote understanding of money Many students will be able to: • Explain how to ensure credit problems can be avoided Some students will be able to: • Define the benefits of saving money
  • 19. STARTER ACTIVITY • How many words from the letters in • REPOSSESSED
  • 20. RECAP • On your white boards…… • What is meant by credit • Feedback on homework- are there any new discounts available for students
  • 21. DISCUSSION • Potential problems of using credit:- • Legal action • Emotional stress • Goods repossessed • Complete the Handout
  • 22. THINK, PAIR AND SHARE • Individually think of an activity to do with children to help them understand money • Work in a pair to talk about your ideas • Share your idea with the group
  • 23. LETS PLAY • Using the maths resources available can you develop your ideas.
  • 24. HAVE YOU MET YOUR OBJECTIVES YET?
  • 25. EVALUATE • Play other learners games think what areas of SPICE are covered
  • 26. REVIEW • Throw a ball to answer a question
  • 28. OBJECTIVES OF THE LESSON All students will be able to: • Assess the importance of charity work • Research and formulate an action plan for a charity event. • Many students will be able to: Explain the benefits of fun raising charity events Some students will be able to: • Formulate a creative and original fun raising plan
  • 29. TIME TO THINK……. • Think of a charity write it down and pass the paper on • http://www.youtube.com/watch?v=ETx mCCsMoD0&feature=kp
  • 30. DISCUSSION • Why is charity work important • Have they taken part in a charity event
  • 31. INDIVIDUAL RESEARCH TASK • Research a charity and explain what they do • Plan an event you could do to raise money for the charity
  • 32. PRESENTATION •Present your findings to the group •Feedback and reflection
  • 33. Please complete the unit evaluation at the end of you assignment Make sure everything is signed and dated too!
  • 34. HAVE YOU MET YOUR OBJECTIVES YET?

Editor's Notes

  1. Other students are looking up minimum wage and living wage.