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?
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
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
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
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.
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