CitizenshipYears 7–9

Money, budgeting and financial choices

Learn Money, budgeting and financial choices for Years 7–9 pupils (ages 11–14). Free practice questions, lessons and worked examples — aligned to the UK National Curriculum.

What you'll learn

  1. 1

    A budget compares income with spending. Income minus essential spending shows what is genuinely left over.

  2. 2

    Fixed costs stay the same each month (rent, phone contract). Variable costs change (food, travel, going out).

  3. 3

    Someone earns £1,200 a month and spends £1,350. What is happening?

  4. 4

    Borrowing costs money. APR shows the yearly cost of credit — a higher APR means you repay considerably more.

  5. 5

    Borrow £500 at 30% APR and repay over a year, and you repay roughly £150 more than you borrowed. The same £500 saved at 3% earns about £15.

  6. 6

    What does APR tell you?

  7. 7

    What is income tax?

Practise Money, budgeting and financial choices with Whizlo

Free AI-tutored lessons, unlimited practice questions, and progress tracking for ages 11–14. Aligned to the UK National Curriculum.

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