Saving vs. spending in Year 2

Year 2 are exploring the important concepts of spending and saving! We learnt how to differentiate between the two yesterday, especially knowing that saving involves setting money aside for future use. We discussed 'needs' like food, housing, and education versus ‘wants’, which includes things like new snacks and toys! This sparked a lively discussion! We also talked about what a savings account does and how it can actually grow our money! Through some fun real-life worded problems, we had to decode how much money was saved or how many weeks would be needed to save for an item. Ask us all about it!