Financial Education

Financial Education at Camestone

Welcome to the Camestone School Financial Education page. Here you will find information about financial literacy at Camestone, detailing the content taught in each year group and the progression of practical money management skills throughout a child’s time with us. We build upon key knowledge of saving, spending, budgeting, and understanding the role of money in society.

Children have the opportunity to develop their financial skills year on year, learning how to make informed choices and manage money effectively. This is further enriched through our active participation in national My Money Week, where pupils engage in real-life budgeting challenges, enterprise initiatives, and practical workshops that enhance our core curriculum offer. Families are also supported with guidance and interactive tasks to encourage positive financial conversations at home.

Every child at Camestone participates in enterprise projects and practical financial activities throughout the year, giving them the invaluable experience of planning budgets, calculating costs, and understanding economic choices. We also invite guest speakers and local banking professionals to share insights into modern finance, preparing our pupils for the real world.

What is Financial Education?

Financial Education is the study of personal finance, money management, budgeting, and economics, equipping children with the knowledge and confidence to make responsible financial decisions throughout life.

• To manage money — understanding concepts of currency, earning, spending, saving, and budgeting effectively.

• To evaluate choices — appreciating the difference between wants and needs, value for money, and financial risk.

• To practice enterprise — recognising how businesses operate, how wealth is created, and planning simple commercial projects.

• To navigate economy — identifying the role of banks, digital transactions, and ethical consumer choices in modern society.

Each year, children become more skilled in these key concepts, building upon their prior knowledge and deepening their understanding. Our intention is that by the time they leave us in Year 6, pupils will:

• Understand how to create, track, and manage simple personal budgets and savings plans.

• Distinguish critically between essential needs and non-essential wants when spending money.

• Demonstrate enterprise skills by designing, costing, and executing small-scale group fundraising or commercial projects.

• Understand how money, banking, digital payment systems, and economic choices impact individuals and communities globally.