Life Skills·Money & Finance·conceptual
Saving Money
Why people save money; piggy banks and saving jars; setting a savings goal; the idea that not spending now means having more later
Suggested ages 5–7
Evidence of understanding
- Explain why someone might save money instead of spending it straight away
- Describe a savings goal they could set and how they would work towards it
- Tell you what delayed gratification means in their own words (waiting to get something better)
Assessment prompt
If Saving Money received some birthday money, could they explain why it might be smart to save some of it rather than spending it all at once?
Standards alignment
No external standards are linked to this topic.