Year 11 lessons
Year 11 lessons
![payslips-icon_disc_on_transparent_background-900x900 fist holding banknotes](https://resources.ftflic.com/wp-content/uploads/2023/08/payslips-icon_disc_on_transparent_background-900x900-1.png)
Session 1: Take-home pay
This lesson explains what is included in a payslip. Students also explore and calculate income tax for different salary bands.
![budgeting_icon_discs_on_transparent_background-900x900 pen-and-paper calculation](https://resources.ftflic.com/wp-content/uploads/2023/10/budgeting_icon_discs_on_transparent_background-900x900-1.png)
Session 2: Budgeting
Students will understand the purpose of budgeting and complete a practical exercise to apply a budgeting framework to needs, wants and future spending.
![piggy-bank wearing mortar board fist holding banknotes](https://resources.ftflic.com/wp-content/uploads/2023/08/piggy_bank-icon_disc_on_transparent_background-900x900-1.png)
Session 3: Savings accounts
Students explore different ways to save and delve into what a savings account constitutes, applying learning to scenarios.
![rising graph plot over stacked coins rising graph plot over stacked coins](https://resources.ftflic.com/wp-content/uploads/2023/08/upward_projection_over_coins-icon_disc_on_transparent_background-900x900-1.png)
Session 4: Investing
This lesson explores key investment concepts (risk vs reward, diversification and compound interest) with students applying their knowledge to advise.
![insurance-icon_discs_on_transparent_background-900x900 umbrella icon representing insurance](https://resources.ftflic.com/wp-content/uploads/2023/10/insurance-icon_discs_on_transparent_background-900x900-1.png)
Session 5: Insurance
Students learn how risk relates to insurance, before exploring different types of insurance and applying learning to decision-making activities.
![evaluating_risk-icon_discs_on_transparent_background-900x900 scales icon representing balancing risks](https://resources.ftflic.com/wp-content/uploads/2023/10/evaluating_risk-icon_discs_on_transparent_background-900x900-1.png)
Session 6: Investing simulation
Students take on the role of a financial advisor making investment decisions for their character. They then learn how different factors affect investments through a simulation activity.