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Lesson 2 – Money matters


This lesson plan links to the following national curriculum areas:
  • PSHE NC criteria: Knowledge, skills and understanding: 1a, 1b, 1c; Breadth of study: 4d
  • Citizenship: Unit 05, How the economy functions
  • English: Speaking: 1a, 1b, 1f; Group discussion: 3a, 3b; Writing: 1e, 1i, 1m
  • Key skills: Communication; Application of number; Decision-making

Objectives

At the end of the lesson the student will be able to:
  • Compare the advantages and disadvantages of buying a car
  • Identify steps and actions in the car-buying process
  • List the most likely ways of financing the purchase

Lesson summary

First-time car buyers have a complicated task. They have to figure out their budget, consider additional costs, and look at the various cars available.

This lesson familiarises students with the car buying process and looks at the benefits and possible issues related to car ownership. The activities in the lesson plan encourage students to start thinking about the financial implications of buying a car, and the different ways to buy.

Follow the link to the lesson documents on the top right.

 Lesson 1 – Media savvy

How media savvy are your pupils?

 Lesson 2 – Money matters

What to consider when buying a first car

 Lesson 3 – Running costs

Work out the cost of running a car

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