In today’s lesson, the children learned about profit and loss. They explored how buying and selling items at different prices can lead to either making money (profit) or losing money (loss), helping them understand basic financial concepts in a practical way.

We then decided, as a group, how we can make a profit from what we decide to sell 🙂

This week in finance, the children explored the concept of mortgages and home ownership. As part of this lesson we looked at how mortgages work and what they are. The children then designed their dream homes by including different features and budgets. It was great to see how engaged and imaginative they were—asking great questions and thinking critically about what it takes to buy and maintain a home.

This week in finance, the children learnt valuable budgeting skills by comparing prices at different supermarkets. They had to find items from the shopping list and purchase the items within a set budget. This enabled them to make smart choices and understand the value of money. The children had lots of fun 🙂

This week finance group walked to the local Co-op with the safety team who helped us walk there and back safely and ensuring we were looking out for road hazards. The finance team spent their profits on a treat from selling ice pops earlier this term.