C2-9 Money

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Description

Aim: To educate the young people about money in the UK and around the world. Introduction: Children start learning about money from a very young age. Younger children learn from their parents that money is used to get toys, food, and ice cream, but they don’t understand the value of the notes and coins. As they begin to use money for themselves they begin to understand more. However, some children get money given to them for little or nothing in return and they have no value for money. This topic aims to help children look at the value and benefit of money and its value. This topic introduces the value of coins and bills and relates them to items that children recognise such as sweets and toys. Taken from the BB Juniors Pro Pack C-2-9


Resources

• Small clear plastic bottles
• Card
• Paper
• Glue
• Scissors
• Pipe cleaners
• Double sided sellotape
• Shopping trolley template
• Pens/Pencils

Instructions

Activity 1 - What Does It Cost ?

Instructions:
• Did you ever think about what people did when there was no money in circulation? Thousands of years ago people bartered or traded goods that they had and needed. For example — if I had lots of chickens but needed a goat — I might trade you ten chickens with you for one of your goats. Do you think that would be a fair trade?
• Another example might be that you make pots and I grow vegetables. I might trade you a basket of potatoes and carrots and some apples for three cooking pots.
• Let’s look at our money today. What can we buy with - (ask the children what they think they can buy with these amounts and then tell them what they can actually buy)

50p Crisps, chocolate bar, drink, newspaper
£1 Bus fare, trading cards, a tube of toothpaste, ice cream
£5 Football, lego kit, t-shirt, pack of chicken breasts, 1 pot of Haagan Dazs ice cream.
£10 Mobile phone, used Wii game. KFC family bucket, set of paints
£50 Microwave oven. digital camera, winter coat
£100 TV, Nintendo DS, washing machine,
£1000 Second hand car. Holiday

Then we will look at different items to see if the children can guess what each item costs:

Pineapple £1.87
DVD £14.97
Bag of popcorn £1.43
Book £4.49
Bike £100

You will need to update the prices which will change.

Ask the children if they were surprised by the prices and whether they ever think about how much things cost.

Activity 2 - Spend, Save, Share

Aim: To try and teach the young people about money and look at saving, spending and sharing

Preparation:
Set up craft table.

Instructions:
Money is something that plays a big part in the world and in each of our lives, So it is important that we understand the importance and value of money. We need to spend money but we also need to save money and the Bible tells us that we also need to share money because God has given us everything that we have as a blessing so it is important for us to bless others with what we have. (This can be for your chosen charity.)

So we need to think about Spending, Saving and Sharing.

We are each going to make a piggy bank today and we are going to make one extra special piggy bank for our sharing so that we can collect money to bless others with what we have.

• Give each child an empty bottle that has been washed well to remove any smell.
• Then the children need to cut out some eyes, ears, and a nose from coloured card. Make the ears with folds that can be stuck to the bottle.
• Attach everything with double-sided Sellotape.
• Then tape a piece of coloured paper around body.
• Glue some beads on for legs
• A leader must cut a slot at the top for coins — you may need to use masking tape to ensure that there are no sharp edges.
• A leader must cut a hole at the back to insert a pipe-cleaner tail.

Alternatively you could purchase a ready made piggy bank/money box from a craft company which are ready to decorate (see bakerross.co.uk).

Activity 3 Shopping Trolley

Aim: To look at a shopping list and to work out how much it costs

Instructions:
Tell the children that this is a fun activity and that they can work in pairs to see if they can get the shopping list and work out how much it costs.

Put children who may be weaker at maths together with stronger children.

Devotion Links:
Read Ecclesiastes 5:10 (New International Version) - 10 Whoever loves money never has enough; whoever loves wealth is never satisfied with their income. This too is meaningless. Read 1 Timothy 6:6-10 (New Century Version) - Serving God does make us very rich, if we are satisfied with what we have. We brought nothing into the world, so we can take nothing out. But, if we have food and clothes, we will be satisfied with that. Those who want to become rich bring temptation to themselves and are caught in a trap. They want many foolish and harmful things that ruin and destroy people. The love of money causes all kinds of evil. Some people have left the faith, because they wanted to get more money, but they have caused themselves much sorrow.

For full details see the BB Junior Pro Pack C2-9


Tags

  • community
  • money
  • shopping

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