Financial Planning
Life Skills · Money & Finance · conceptual
Setting longer-term financial goals; planning and prioritising spending; how saving regularly adds up over time; the value of thinking ahead with money
What mastery looks like
- Set a realistic savings goal and calculate how long it would take saving a fixed amount each week
- Create a simple financial plan for a specific purpose (birthday party, school trip, gift)
- Explain why planning ahead with money is better than spending everything as it comes in
Check your understanding
If Financial Planning wanted to save up for something costing £30, could they work out a realistic plan for how long it would take?
Prerequisites
Required first