Year 2 have been learning about all things money this week during our Me and My Money week.
This learning forms part of our Living and Learning curriculum.
At the start of the week, we had lots of questions about money.
What money do we use?
In maths, we identified and compared the different coins and notes we use in this country. The children were keen to share other currencies they’d used in different places around the world.
Why is money an important part of people’s lives?
We thought about this in our weekly circle time.
Money is important because…
It would be confusing without money.
People use money to buy the things they need to survive like shelter, food and water.
You can donate to charities.
You can save for something expensive.
Long ago, people didn’t have money and they had to swap things.
Now, money makes things fair.
What is the difference between needs and wants?
Year 1 and 2 worked together to learn what is a need and what is a want. We realised the link to our basic needs learning in science recently.
A need is food as you need this to survive.
A want is a Lego set as you can survive without this.
How do people use money?
People make different choices with their money.
Some people choose to donate money. On Monday, Steph from St Gemma’s Hospice, our current school charity, shared how our donations of £1500 have helped the hospice.
This week, we’ve been donating money to St Gemma’s Hospice by bringing any spare 1ps and 2ps to make a penny trail at the end of the week.
Where does my money come from?
We thought about where our money might come from and how that would change as we get older and have a job.
Help at home: discuss this learning with your child at home to consider how they use money and why money is important.