Importance of Financial Literacy

Financial Literacy for KS5

Financial Literacy for KS5 A new unit for PSHE / Citizenship Unit. **Contents** 7 Lesson Packs (See below for Contents) 7 x Homework Ideas 7 x End of Lesson Confidence Checker Assessments 1 x Finance Escape Room (Team Building Activity) **Lesson Topics** 1. What is retirement - Planning for it 2. How Debt Spirals - (Parking Charges, Monthly Payments for things on finance), Credit cards, Overdrafts etc ) 3. Importance of Financial Literacy 4. Money Laundering 5. Gaming v Gambling 6. Careers in Finance & Banking 7. Managing a household budget **Each Lesson PowerPoint Contains:** • 1 Fully Editable PowerPoint (Learning Outcomes, Confidence Checkers, Assessment of Learning, Variety of Tasks, Video Embedded URL Clips, Engaging Premium Quality Slides, Extra Support Websites, Challenging & Thoughtful Questioning) • Assessment Opportunity (Confidence Checker) • Teacher Notes (On some slides) • Mapped against Latest DfE Guidance, PSHE Association Core themes and Requirements and the Gatsby Benchmarks in Careers Education **Learning Outcomes:** To be able to explain what retirement is, To understand why it's important to plan for retirement, To understand the difference between a state and private pension To understand what debt is, To be able to explain the different types of debt, To consider how debt can spiral over time "To understand what financial literacy is. To be able to explain why financial literacy is imprtant. To consider what can happen if someone doesn't have good financial literacy skills." **Key words** Retirement, pension, state pension, private pension Debt, interest, loan term, payment plans, creditors, bailiffs Financial Literacy, Debt, Budgeting, Savings, Investment **We sell Complete Careers Units - Take a look at some of them here:** ⇨ [CAREERS KS3 UNIT](https://www.tes.com/teaching-resource/ks3-careers-unit-gatsby-benchmark-standards-12220690) ⇨ [Careers, Employability Skills + Enterprise Unit ](https://www.tes.com/teaching-resource/year-11-careers-unit-12168193) ⇨ [Careers and Gatsby Benchmarks Quizzes ](https://www.tes.com/teaching-resource/careers-and-gatsby-benchmark-12148009) ⇨ [Post 16 Options and Careers Lesson](https://www.tes.com/teaching-resource/post-16-options-careers-12167356) ⇨ [Careers and Employment Activities and Cardsorts ](https://www.tes.com/teaching-resource/careers-and-employment-12110887) ⇨ [Skills and Qualities Careers Quiz ](https://www.tes.com/teaching-resource/skills-and-qualities-careers-quiz-12148001) ⇨ [Careers - Writing a Personal Statement](https://www.tes.com/teaching-resource/careers-personal-statements-12168159) ⇨ [Careers - Student Workbook](https://www.tes.com/teaching-resource/careers-work-book-gatsby-benchmarks-12167891) ⇨ [Careers - Interview Preparation Lesson ](https://www.tes.com/teaching-resource/interview-preparation-careers-12168169) Be Ofsted and DfE PSHE ready with our resources! Product Code: C8/CCB/