11-14 40 - 90 minutes

Money skills lesson one: Recognising your money personality

This is one of four lessons focusing on Money Skills for young people aged 11-14. This lesson is designed to help students understand money habits, money personalities, the difference between needs and wants, and how to plan for future purchases.

To ensure that the lesson plan and student-facing interactive PDF work together smoothly, please make sure you download and save both documents into the same folder on your computer.

Lesson learning outcomes

By the end of the lesson, students will be able to:

  • Reflect on their own attitude to money and spending compared to others
  • Prioritise needs and wants in different scenarios
  • Calculate the potential cost implications of borrowing to purchase a big item

Want some more insight into this lesson? Discover how the activities in it will help you develop your students’ skills and knowledge here.

How can this lesson support you to develop your students’ understanding of their current money personality?

It initially focuses on students’ existing attitudes towards money, and what helpful or unhelpful money habits they might have already developed. The lesson then uses videos and case studies of young people to facilitate a sensitive a discussion around these habits, as well as how they can be worked on and improved.

How can you use this lesson with your students to explain the difference between needs and wants?

This lesson concentrates on making the difference between needs and wants very clear, encouraging students to consider this in more detail through an interactive activity called Financial planning for a big purchase.

Want information on more content that can support you? Check out links to further resources below.

There are four more Money skills lessons for this age group that build on the learning here by covering value for money, the next steps in their financial journey including saving, borrowing and bank accounts, as well as dealing with financial dilemmas.

Why not include financial capability as a focus in your students’ wider curriculum? Refer to our Content guide to find out how LifeSkills resources can be used in PSHE or Maths lessons.


Curriculum tags


Download full lesson plan pack with all activities

Money skills lesson one: Recognising your money personality

Download an individual section

Recognising your money personality: Lesson plan

PDF 7.3MB

Recognising your money personality: Presentation slides

PDF 9.9MB

A free account gives you access to all educator content, tools and resources

Over 85,000 educators use LifeSkills’ free and immediately accessible resources to guide young people. Join them in less than 5 minutes.

Already have an account?

Log in


Get started

Thank you for liking

Help us to continue creating relevant content for you by leaving some additional feedback.

Other lessons in Understanding and managing money