Not so horrid

12th October 2007 at 01:00

Ages 8 to 11

A good way to teach key stage 2 about economic wellbeing is to create a savings plan for a fictional character. Let's call him Horrid Harry.

Ask them to imagine Horrid Harry wants to save for the latest prank-making machine, which costs pound;27.50. His pocket money is pound;1.50, plus there is a list of extra jobs he can do to supplement his income, such as washing up (20p) and cleaning the car (pound;1).

Pupils should organise Harry's timetable over the next four weeks so he can achieve his dream. But they must take into account that he still has to do his homework, socialise and play tricks on his friends.

To take this to the next level, you can introduce other options. Should Harry put his money into a building society account to earn interest? Should he accept his friend Peter's offer to lend him the money at 20 per cent interest? If not, why not?

A good way to explain credit is to loan a pupil two of something and ask for three back. This exercise also explores the issues of buying, saving and borrowing

Julie Cornish teaches PE and PSHE at Whitehall Primary School in Waltham Forest, London

Log-in as an existing print or digital subscriber

Forgotten your subscriber ID?


To access this content and the full TES archive, subscribe now.

View subscriber offers


Get TES online and delivered to your door – for less than the price of a coffee

Save 33% off the cover price with this great subscription offer. Every copy delivered to your door by first-class post, plus full access to TES online and the TES app for just £1.90 per week.
Subscribers also enjoy a range of fantastic offers and benefits worth over £270:

  • Discounts off TES Institute courses
  • Access over 200,000 articles in the TES online archive
  • Free Tastecard membership worth £79.99
  • Discounts with Zipcar,, Virgin Wines and other partners
Order your low-cost subscription today