Financial Education

Financial Education at Woodfield School 

Financial education is a key part of preparation for adulthood at Woodfield School, helping pupils from Key Stages 3 to 5 gain confidence and independence in managing money.  

Vision Statement 

We strive to empower all our pupils to become successful learners, preparing them for adulthood including developing their financial capabilities. Through meaningful and personalised experiences, they will be challenged to make informed decisions about financial matters. Each pupil will acquire the knowledge, skills, and experience necessary to confidently navigate pathways to further education or employment, fostering independence, resilience, and the ability to manage risk in an ever-changing world.  

Financial Education Curriculum Overview 

At Woodfield School, our Financial Education curriculum spans Key Stages 3 to 5, supporting pupils to develop the knowledge and skills they need to manage money confidently and independently. 

  • Pupils begin with foundational skills like recognising money, budgeting, and making simple spending and saving choices. 
  • They progress to tracking income and expenses, exploring different payment methods, and making responsible financial decisions. 
  • Financial education is integrated across subjects such as PSHE, Maths, Careers, and reinforced through enterprise projects and community trips. 
  • Our curriculum nurtures independence, resilience, and responsibility to help pupils thrive in an ever-changing world. 

Curriculum Bands Overview 

C4 - Introduction to money: recognising coins and notes, spending and saving basics, caring for money, and understanding emotional connections to money. 

C5 - Naming coins and notes, learning about money worldwide, simple spending and saving choices, safe money storage, and exploring future jobs. 

C6 - Understanding coin values and cash alternatives, budgeting basics, feelings about money, and the importance of helping others. 

C7 - Tracking money, cashless payments, price comparison, advertising influence, and safe storage including banks. 

C8 - Calculating change, financial record keeping, needs vs wants, spending and saving plans, borrowing basics, and income sources. 

C9 - Interest concepts, online financial risks, personal data protection, money’s role in job choice, and understanding taxes. 

C10 - Checking change, risks of running out of money, emotional impact of loss, importance of saving, and evolving money/payment methods. 

 

Practical Learning Opportunities 

Pupils deepen their financial skills through real-world activities that encourage confidence and independence: 

  • Running mini businesses within the school 
  • Organising and participating in Christmas and summer fairs 
  • Leading enterprise selling projects 
  • Community visits to local shops, supermarkets, and cafés 
  • Financial Education projects such as Making choices, planning a Holiday, Deal or No Deal, Planning a Party etc