ICT for Learning & Teaching in Falkirk Schools

Digital technology to support learning & teaching

Making Money Matter – Teaching Financial Literacy in Primary School


There are many resources to support teachers in building financial capability in our pupils – whether that is for teaching financial understanding (so that pupils have the skills required to deal confidently with everyday financial issues and make informed decisions and choices about their personal finances), financial competence (being able to identify and tackle problems or issues with confidence and being able to manage financial situations effectively and efficiently), financial responsibility (having the skills to budget wisely and plan for the future to look after themselves and their environment), and financial enterprise (where pupils will be able to deploy resources in an imaginative and confident manner).

Here are some Financial Literacy Resources online:

Brian Page (@FinEdChat) describes why it is important to teach concepts of financial literacy to primary pupils and also links to a variety of US resources to support the various elements of that for different age-groups. http://www.edutopia.org/blog/financial-literacy-elementary-students-brian-page

Australia’s New South Wales Education Department has produced The Lifeskills Consumer and Financial Literacy Programme http://www.enterpriselearning.nsw.edu.au

From the Australian Government comes Teaching Fincial literacy – a searchable database of teaching resources from a wide variety of sources worldwide. Just choose the age group to browse the resources to best suit the purpose.

The Personal Finance Education Group http://www.pfeg.org/is an independent charity helping schools to plan and teach personal finance relevant to students’ lives and needs. Their mission is to give all young people the skills, knowledge and confidence in money matters to thrive in our society. This site provides resources to support learning about money. 

My Money Primary Toolkit from England’s Department for Education offers lessons and activities that can form the basis of a core personal finance education curriculum.

Education Scotland has produced a series of resources to support Financial Education in schools, including case studies.  

The Young Scot website Money section is devoted to providing information about money for those aged 11 and over for those in Scotland, and covers many areas in sections.

My Money Online http://www.mymoneyonline.org/default.aspx is a downloadable activity pack and series of online resources – lesson ideas, games and activities – to support schools in teaching about financial literacy.

Financial Soccer is an excellent games-based learning approach to teaching about financial literacy where pupils answer questions at their chosen age and level of understanding on aspects of financial literacy, in order to advance in the simulated game of football online. In addition to the game itself (which is highly configurable by the pupils) there are links to helpful notes and guidance about financial literacy related to the questions which will appear in the game. There is also an American Football version of the game.

Disney’s The Great Piggy Bank Adventure  is an online virtual board game that educates children on the importance of wise financial planning. The aim is to learn about important financial concepts and use these lessons to complete the game and achieve their dream goals. This is aimed at pupils from ages 8 to 14 to learn the basics of setting goals, saving and spending wisely, inflation, asset allocation and diversification, making choices and how they will affect their financial plans.

My Savings Quest is a US games-based approach to planning finances for fictional characters to be able to afford all they need and save for those items they wish to possess. There is a video introduction to the game, and then in playing the game the pupil chooses a character, including their avatar for that character, and the employment of their choice. This then presents them with a series of challenges where choices have to be made – so planning  and keeping within a budget are key to a pupil scoring highly in the game so their fictional character can meet their obligations and yet still plan for purchases which are desirable though not essential, and all without overstretching themselves in their fictional finances.

Spent is a US site in which users become players in a simulated life game where choices have an impact on their fictional finances. Aimed at older learners this game provides a series of situations where the player chooses from a number of scenarios. Each then presents them with the financial implications of their choices and presents further choices. Each choice made relates back to what impact this would have on the fictional character’s choices – and how this relates to many real-life situations for many people facing the same choices in real life.

The Royal Bank of Scotland has produced a MoneySense for Schools website. This combines information and guidance for teachers and pupils, as well as age-specific games, magazines and more dedicated to supporting teaching about financial literacy.

Edutopia Financial Literacy has lesson plans and resources to support teaching about all aspects of learning about money management at all ages and stages.

Sense & Dollars is a US site aimed at older pupils with interactive activities, games and information about money and how to be financially literate.

The Mint for kids is a US site from Northwestern Mutual which provides interactive activities to for pupils about handling money in life choices for them.

Richard Byrne on his Free technology for Teachers blog has a post about resources to support teaching about Financial Literacy. This includes an infographic poster about reasons for the need for this. There are also links to a variety of resources for different ages. These include helping pupils understand why taxes are paid to governments and how these are used. These are resources aimed at the USA but much can be adapted for use elsewhere.

Financial Fairy Tales “Learning before Earning!” – is a series of stories aimed at children with a financial literacy theme. In addition this site provides links to a number of free online resources for teaching financial literacy. 

The US Mint for Kids – resources aboout coins, their stories, why we have them, and games with coin themes.

The Euro Games provide a series of games and information teaching pupils about the Euro and the history of money in European nations.

37 Sites for Teaching Kids about Money and Finance is a list of sites collated and described by Julie Greller of sites for different ages and stages on the theme of teaching about financial literacy.

Financial literacy resources is an article by Astrid Riecken in the Washington Post which provides links to a host of resources to support teaching financial literacy.

Falkirk Council has collated a wide range of Financial Education resources grouped according to age group, matched to Curriculum for Excellence experiences and outcomes, and linked to different curricular areas, as well as detailing which aspects of financial education are covered with each resource. 

Nursery – Primary – Secondary – Additional Support


  1. Thanks John, that’s much appreciated

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