Learning aim
Pupils can build a 12-month budget covering realistic post-16 income (allowance, part-time job, bursary) and expenses (transport, food, materials, social), and identify common cash-flow risks.
National Curriculum links
- PSHE Association KS4 L17: about the role of money in our lives
- PSHE Association KS4 L18: about different ways to manage money including budgeting
- Maths KS4: real-world percentage and proportion calculations
- Citizenship KS4: managing personal finances
What you'll need
- Budget template (income, fixed, variable, savings)
- Common-cost data sheet (bus pass £30/month, lunch £4/day, etc.)
- 16-19 Bursary Fund info sheet (England) / EMA equivalent (Scotland/NI/Wales)
- Worksheet + calculators
Lesson structure (60 minutes)
HOOK
TEACH
GUIDED
CHALLENGE
PLENARY
Adapting for all learners
Support (working below ARE)
Provide a pre-filled template with example numbers. Pupils adjust based on their reality. Focus on understanding the four budget categories rather than producing a complete budget.
Stretch (working above ARE)
Build a 2-year budget covering both years of sixth form, factoring in occasional one-off costs (school trip £200, prom £150, UCAS application fees, driving lessons £50/hour × 30 hours, etc.). Calculate which months will be tight.
SEND adaptations
For pupils with dyscalculia: provide a calculator and pre-filled categories with examples. For pupils with autism: use clear structured categories with visual icons. For pupils with anxiety about money: emphasise the budget is a TOOL, not a judgement.
EAL support
Vocabulary: "income", "expenses", "fixed", "variable", "budget", "bursary", "savings", "emergency fund". Sentence frame: "My income is ___. My fixed expenses are ___. My savings target is ___."
Assessment criteria
Pupils can: (1) name three likely fixed expenses for sixth form/college; (2) build a balanced 1-month budget with at least 10% savings; (3) identify one cash-flow risk; (4) suggest one way to handle a £100 surprise expense.
Homework
For one full week, track every penny you spend (or would spend, if you don't have income yet). Bring the total to the next lesson — you don't need to share individual items if any feel private.
Classroom safeguarding
Related lesson plans
- Apprenticeship vs university — the money side of post-16 decisions (KS4 · Year 11)
- ISAs explained — the tax-free way to save (KS4 · Year 10)
- Understanding your first payslip (KS3 · Year 7 / Year 8)
- All lesson plans (KS1 · KS2 · KS3 · KS4) →