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Curriculum Relevance


 

The three programmes explore issues of financial management through the experience and attitudes of three generations of the Penney family. As a series, they provide engaging stimulus material for a comprehensive approach to teaching and learning about personal financial capability with 11-16 year old students. Taken separately, they can be used as a focus for one or more personal financial issues.

National Curriculum Key Stages 3 and 4

  • Financial capability (Secondary Handbook: page 24)
  • PSHE non-statutory framework

Key Stage 3 – Pupils should be taught:

1.g – what influences how we spend or save money and how to become competent at managing personal money.

Key Stage 4 – Pupils should be taught:

1.e – to use a range of financial tools and services, including budgeting and saving, in managing personal money.

  • Citizenship (from September 2002)

Key Stage 4 – Pupils should be taught:

1.h – the rights and responsibilities of consumers, employers and employees.

Financial Capability through Personal Financial Education

Guidance for Schools at Key Stages 3 and 4: DfEE July 2000 Ref: 0131/2000

This circular to schools makes the case for teaching financial capability. It describes the learning pupils should gain at each key stage and clarifies the links between financial capability, the PSHE and Citizenship frameworks. It provides grids which demonstrate how financial capability could be developed under the themes of financial understanding, competence and responsibility.

The series also:

  • supports Scottish financial capability
  • supports the PSE framework in Wales
  • complements Citizenship study of social and economic systems that influence our lives and communities
  • links to ICT and mathematics