This lesson could be used for World Financial Planning Day on 4 October or more generally in your sixth form/college scheme to introduce the idea of Financial Planning . The teaching notes include a link to duplicate an introductory survey on Microsoft Forms to ascertain students’ knowledge and understanding in this area, which could be very useful towards planning future lessons. This lesson looks at the importance of financial planning, considering when to start, whether it is best to save or pay off loans, a brief introduction to ISAs, finding out more about savings accounts. It includes various discussion points and an activity on Needs V Wants to help students consider what their priorities are.
It could be followed up by more detailed lessons on individual points or input from bank/building society or financial adviser on particular areas of interest.
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