Barclays LifeSkills - National Numeracy Day - Introducing bank accounts and digital money

Introducing Bank Accounts and Digital Money

Being able to understand what a bank account is for, as well as how digital money works, can help young people manage their money and help teach them essential skills like budgeting and saving for the future.

This lesson introduces pupils to the concept of keeping money in a bank account and vocabulary linked to this. In addition, this lesson will ask pupils to consider what they already understand about digital payments and how these are used in connection to bank accounts and spending money.

By the end of the activity pupils will be able to:
• Understand some of the ways to manage money.
• Recognise how using a bank account keeps money safe and can help them save.