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Managing a household budget - Careers Lesson- Careers Education and CDI Framework. 1-2 hour Lesson. Part of the Cre8tive Careers KS5 Resources for Sixth Formers or Year 11 Students on personal finance. Editable 20 slide PowerPoint Lesson, Lesson Assessment, Student Resources, Signposting to extra support services.

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Learning Objectives
To explore how to calculate from an annual salary Gross Pay and Net Pay.
To understand how an average house hold budget might look like
To explore how the life choices we make can impact our financial situation

Some Key Terms Covered
Gross Pay, Net Pay, Annual Salary, Income, Expenditure, Debt

Careers (Assessment) Objectives
I can define Gross Pay and Net Pay
I know the main monthly bills that need paying when running a house
I understand the importance of budgeting

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Each Lesson Pack 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)
☞ Most lessons include a Worksheet
☞ Assessment Opportunity (Confidence Checker)
☞ Teacher Notes (On some slides)

☞ Mapped against the Careers Development Index (CDI) and Gatsby Benchmarks
⟴ PSHE Association Theme: Living in Wider World

Be Ofsted and DfE PSHE ready with our resources! Product Code: RSE/C8/LS/205

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Get this resource as part of a bundle and save up to 55%

A bundle is a package of resources grouped together to teach a particular topic, or a series of lessons, in one place.

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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/

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KS5 PSHE Sixth Form Provision.Year 13 Personal Finance unit of lessons This premium professionally designed KS5 PSHE Unit has been created for the new Cre8tive Curriculum Sixth form offer. ( Elements matched to the PSHE Association, Citizenship NC, CDI framework and Gatsby Benchmark 4) This unit could be taught as a serious of _ Lessons or during Sixth form tutor time over _ weeks as part of your schools Sixth form PSHE / Careers and Wellbeing Offer. **Contents** 7 Lesson Packs (See below for Contents) 7 Mindfulness Extension activities 1 x Student Work Booklet 1 x Student Assessment for the Unit 1 x Post 16 Options Quiz **Lesson Topics** L1 Payment Methods L2 Managing a Household Budget - The realities of disposable income L3 Borrowing money, debt and the risks L4 Value for money L5 Foreign currency L6 Inflation and the Economy L7 Calculating Exchange rates - Maths based lesson **Each Lesson Pack 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) • Student Activities • Mindfulness Extension Activities • Assessment Opportunity (Confidence Checker) • Teacher Notes (On some slides) • Mapped against Latest DfE Guidance, PSHE Association Core themes and 2020 Requirements and the Gatsby Benchmarks in Careers Education ✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰ Other Premium Sixth Form Cre8tive Curriculum PSHE Units we have include: ✰✰ [Y12 Health & Wellbeing PSHE Unit](hhttps://www.tes.com/teaching-resource/ks5-pshe-lessons-health-and-wellbeing-12319324) ✰✰ [Y13 Health & Wellbeing PSHE Unit](https://www.tes.com/teaching-resource/ks5-pshe-lessons-emotional-health-and-wellbeing-unit-12319346) ✰✰ [Sixth form Sex Education Revisited Unit](https://www.tes.com/teaching-resource/ks5-pshe-lessons-12319339) ✰✰ [Y12 Positive Wellbeing PSHE Unit](https://www.tes.com/teaching-resource/ks5-pshe-lessons-12319349) ✰✰ [Y12 Personal Finance PSHE Unit](https://www.tes.com/teaching-resource/ks5-pshe-lessons-personal-finance-unit-12319332) ✰✰ [Y13 Personal Finance PSHE Unit](https://www.tes.com/teaching-resource/ks5-pshe-lessons-y13-personal-finance-unit-12319335) ✰✰ [Sixth Form Careers and Enterprise Unit](https://www.tes.com/teaching-resource/ks5-pshe-lessons-sixth-form-careers-12319343) ✰✰ [Y12 Equality & Diversity Unit](https://www.tes.com/teaching-resource/ks5-pshe-health-safety-diversity-unit-12316277) ✰✰ [Y12 Drugs Education Unit](https://www.tes.com/teaching-resource/ks5-pshe-drugs-education-lessons-12319308) ✰✰ [Y13 Drugs Education Unit](https://www.tes.com/teaching-resource/ks5-pshe-lessons-y13-drugs-education-12319313) ✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰ The Cre8tive Team have made great efforts to aid schools during this difficult time by: ☞ Releasing over 100+ Free Products ☞ Allowing 200,000+ Free Downloads across our platforms (and counting) ☞ Launching over 10 Learning from home packs ☞ Setting up on TES the FREE 90 Day Wellbeing Challenge ✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰✰ Be Ofsted and DfE PSHE 2020 ready with our resources! Product Code: RSE/C8/SF/34

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Review

5

Something went wrong, please try again later.

harry_laura

5 months ago
5

A very informative session that was well received by students.

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