Primary 4 have been learning more about money!
Talk Money Week is an annual campaign to get the nation talking about money. This year, the week takes place from 4th – 8th November and the theme is ‘Do One Thing’. Equipping our children to have the knowledge and skills to manage money effectively now and in the future is a valuable endeavour.
We looked at a range of notes and coins and spoke about the ways in which we can pay for items in shops and online. Mr. Elliot kindly showed us a range of currency from around the world and we compared British money to that of different countries. On Friday Bonnie brought in a $1 note and Jessica brought in a €10 note – thanks girls!
With a partner, we did “Let’s talk about money” conversation cards. Examples of questions we spoke about include:
– Are you good at saving money? If so, how do you save?
– How do you spend your money? What do you usually buy?
– What would you do if you won the lottery?
– What was the last thing you bought? Where did you buy it and how much did it cost?
– Would you lend money to a friend? What are the advantages and disadvantages of this?
– Where is the safest place you can keep your money?
– Name some ways in which people can save more money.
Some of the children’s responses:
Alexander – The last thing I bought was bread and I got it at Scotmid and it cost £1.50.
Kiera – I save money in a piggy bank and I fill it with 1ps and 2ps. It’s a grey elephant piggy bank.
Peter – If I won the lottery I’d buy thousands of Roblox!
Cody – With my money I usually buy bottles of water. football cards and sweets for me and my friends.
Luke – We pay for our shopping with a card.
Iza – Money can give you happiness because you can get toys and sweets and nice things.
Karlie – I would rather spend time with my family than have lots of money and spend it all, so money can’t really buy you happiness.
Jessica – Yeah, I’m good at saving money and I put most of my money in my wallet.
Jacob – I have given poor people some money. If I was rich, I would give some of my money to poor people.
This year’s theme is “Do one thing” – here are some suggestions from P4 about what people could do to improve their financial wellbeing.
– Reuse and recycle items at home so people are not buying things and spending money unnecessarily.
– Set a limit on what you spend.
– Turn off lights and put the heating lower to save money on energy bills.
– Visit places as a family that are free such as the park or museum.
