Module 2

How to make informed financial decisions

This content is suitable for: 12-13 year olds

The Module 2 curriculum provides practical information about a range of financial topics, in particular banking and bank accounts. Saving (one of the curriculum’s key concepts) is introduced here.

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Sessions

How to open a Bank Account

Session 1

This lesson explores the purpose of having a bank account. Students learn how to set up a bank account and investigate the pros and cons of different.

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How to read a Bank Statement

Session 2

Students learn how to read a bank statement and evaluate ways to track finances.

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How to Save Money

Session 3

This lesson explores why and how people can save money. Students then apply their learning by creating a savings plan.

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How to use a Bank Card

Session 4

In this lesson students learn about the differences between debit and credit cards, how credit cards work and ways to make informed spending decisions.

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How to Manage Debt

Session 5

This topic looks at the differences between good and bad debt, and explores a variety of borrowing options including Buy Now Pay Later.

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Decision Making: A Guide to Banking

Session 6

In this final lesson, students apply their learning by creating a guide to inform other young people about key things that they should know about banking.

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The Teacher Toolkit is a practical guide to help you confidently deliver financial literacy sessions using the full resource pack. It offers expert advice — including from nasen — on accessibility, managing sensitive topics, and creating a safe, inclusive classroom environment.

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