Money Basics · Episode 02
Plan Before You Spend
Meet Jake. Jake spent all his birthday money in one day. Here's what he wishes he'd known.
02Coming soon
Ages 5–12 · Made for Kids
What they’ll learn
Three things they’ll come away with.
- The FIVE-FOUR-ONE plan: 5 parts to spend, 4 parts to save, 1 part to give. (Adults call this the 50/40/10 rule.)
- That the money we spend gets split across a few everyday buckets: Food, Home, Transport, Clothes, Fun.
- Why a plan matters most with money you can't see; tap-to-pay money slips away before you notice, so planning keeps it from vanishing.
Talk about it
Open questions that work.
- “If you had ten pennies, how would you split them?”
- “Why do you think Jake spent it all in one day?”
- “If your pocket money had to last all week, how would you plan it?”
Try one thing this week
Pick one small thing.
Set up three jars (or envelopes, or cups) labelled Spend · Save · Give. Next time pocket money lands, split it 5-4-1. No lectures, just let it sit on the shelf and run for a month.
Resources for this episode
Resources made for this episode.
A note for grown-ups
More learning resources are available on the shop page.