Carr Mill Primary School have established of a Nearly New Uniform Emporium using items donated by parents. The children will visit a large department store to observe store layout, advertising and the various roles of employees before determining their own roles and beginning their marketing campaign! The children will be responsible for laundering, marketing, pricing and selling their items and will also kept accounts and report profits to the school council.

In this section you’ll find loads of activities and information about looking after your money. Just click on the links below to find out more.

Top 10 tips for looking after your money

We asked our Young Advisers to give us their top 10 tips for making sure they look after their money, and this is what they told us:

  1. If you are going to spend some money, make sure you recognise what each coin and note looks like, and remember exactly how much you are carrying.
  2. When you’re carrying money away from home, make sure you keep it safe and hidden from sight so you don’t lose it. You might want to think about getting a wallet or a purse to look after it.
  3. Always make sure you count your change carefully in a shop. If you think it’s wrong, ask the shopkeeper to check.
  4. If there’s something big that you want to buy, ask yourself: do I really need it? If the answer is no, then think again about spending your money.
  5. If the answer is yes, make sure that you look around different shops and on the internet for the best price.
  6. Try to save your money when you can in a money box or a bank account.
  7. As the old saying goes: ‘out of sight, out of mind’, so, when saving your money at home, hide it from sight, that way you won’t see it to spend it!
  8. When trying to save up for something, ask your mum or dad (or guardian) to help you save your money so you’re not tempted to spend it.
  9. If you are trying to save up, write down a list of everything you buy. That way you can see if there are things you don’t need.
  10. Make sure you don’t spend all your money on small things like sweets, or you might find you have nothing left for the big things!

Young Advisers

Meet our Young Advisers and find out a bit more about what they do.

Polls

Take part in our online polls and find out what young people up and down the country think about money issues.

PFE championing

Tell the world how important it is to manage your money by using our hints and tips to champion personal finance in your school!

Do you worry about getting into debt in the future?

 

See all polls