Financial education in the primary curriculum
You will find information here about where financial education can fit within a primary school’s curriculum. Go to Getting Started if you want ideas for teaching topics and classroom approaches.
Financial education features in mathematics and non-statutory programmes of study for Citizenship and Personal, Social, Health and Economic education (PSHE education) at key stages 1 and 2. As well as developing mathematical skills, pupils also need to consider their attitudes towards money so they can understand what drives the choices they make and how they will feel about the consequences. A planned programme of financial education will use all the opportunities a school curriculum provides for developing financial capability – mathematics, PSHE education and Citizenship all have a role to play in helping young people make the most of the opportunities and challenges that
money brings in life.
In line with the way primary teachers plan, there are many links to other curriculum areas too. As well as ‘money’ being an interesting topic in its own right, it can also feature as an aspect of other topics such as ‘Ourselves’, ‘Homes and Houses’, ‘Toys’, ‘the Victorians’ and ‘World War II’.
Financial education also contributes to: a broad and balanced curriculum; helps prepare young people for the opportunities, responsibilities and experiences of later life; and to Social, Moral, Spiritual and Cultural education.
For more information about the national curriculum for England until 2014, and the changes from 2014, go to the Department for Education website. Subject-specific information can be found below and in pfeg ’s briefing on the new National Curriculum. Information about financial education in Scotland, Wales and Northern Ireland features separately in this section.