Learn to save

John gives his daughter Kate £10 a week when they go to the supermarket for their weekly food shop. John asks Kate to choose a meal she would like during the week. With the £10, she must buy all the ingredients they’ll need. This teaches Kate how to budget, helps her understand the value of money, and builds her money confidence. 

Max wants to buy the new Super Mario game when it comes out in three months. The game costs £50, and his mum Jess tells him to save his pocket money to buy it for himself. Every week, Max receives £5 pocket money for cleaning his bedroom and doing the dishes. Jess tells him that if he puts £5 a week into his money box, that he will save the money for the game in 10 weeks. By saving weekly, Max starts to understand the concept of saving regularly towards a goal. 

Isaac took his birthday money to his local shopping centre to spend in his favourite shops. He had a total of £50. With his money he spent £20 on a second hand Xbox game, £10 on a new t-shirt, and £5 on a book. In the last shop, he wanted to buy two new toys which were £10 each but he only had enough money for one. His Nan, Jean, told him he needed to pick one as he couldn’t afford both. This helps Isaac prioritise how to spend his money. 

Val takes her 6 year old granddaughter Ellie to the shop with her to buy the ingredients they need to make a cake. The ingredients cost £4.12. In the queue Val asks Ellie to work out how much change they’ll get if she pays with a £5 note. After Val pays, she asks Ellie to count how much change she had and to compare it against the receipt to see if they received the correct amount.