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Year 3

When can you give money?

I understand why I might, or might not, want to give money to help others.

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New
New
Year 3

When can you give money?

I understand why I might, or might not, want to give money to help others.

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Lesson details

Key learning points

  1. Money can be donated to charity, given to others or spent on others to help.
  2. Spending money on other people can make people feel a range of emotions.
  3. Spending money unwisely can lead to regret and unhappiness.

Keywords

  • Donate - To give money, food, clothes etc. to somebody or something, especially a charity.

  • Charity - Organisations for helping people or other things that are in need.

  • Sponsor - To agree to give somebody money for a charity if they complete a particular task.

Common misconception

Pupils might belive fundraising to be exclusive to charities and not something that takes place in other contexts.

Ask the pupils to share fundraising experiences so they understand the range of contexts that it can cover. Have one or two local examples ready to share with the pupils if they're uncertain.


To help you plan your year 3 financial education lesson on: When can you give money?, download all teaching resources for free and adapt to suit your pupils' needs...

Remember that there are many different cultural perspectives on giving money and charity. Make sure you are aware of the diversity within your class before teaching the lesson. You might even want to find a place in the lesson to acknowledge and celebrate these differences.
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Content guidance

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Supervision

Adult supervision recommended

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Licence

This content is © Oak National Academy Limited (2025), licensed on Open Government Licence version 3.0 except where otherwise stated. See Oak's terms & conditions (Collection 2).

Lesson video

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6 Questions

Q1.
Look at the coins. How much money is there altogether?
An image in a quiz
Correct Answer: £17.30, seventeen thirty, seventeen pounds thirty, seventeen pounds thirty pence
Q2.
A new tennis racquet costs £20 and you have £7 in total. How much more will you need to be able to afford one?
Correct Answer: £13, 13, thirteen
Q3.
Why should you keep a record of the money that you have?
Because adults want you to.
Correct answer: So you can keep track of it.
So you can keep track of how much you have.
Q4.
Look at Alex’s money record. How much did the popcorn cost him?
An image in a quiz
Correct Answer: £2, Two, 2
Q5.
Look at Alex’s money record. How much pocket money does he get?
An image in a quiz
Correct Answer: £2, Two, 2
Q6.
Look at Alex’s money record. What does the − £2 represent?
An image in a quiz
Alex paying £2 for popcorn.
Alex losing a £2 coin.

6 Questions

Q1.
Which of these describes a charity?
Correct answer: Organisations for helping people or other things that are in need.
A group of people raising money.
Q2.
Milkshakes cost £2.50 but Izzy only has £2.20 so she doesn’t have enough. Jun offers to lend her the rest. How much will Jun need to lend Izzy?
10 p
20 p
Correct answer: 30 p
40 p
Q3.
Look at Jun’s sponsorship form. How much did he raise altogether?
An image in a quiz
Correct Answer: £24.50, twenty four fifty, twenty four pounds fifty pence, twenty four pounds fifty
Q4.
Look at Izzy’s sponsorship form. How much did she raise altogether?
An image in a quiz
Correct Answer: £18, eighteen, eighteen pounds
Q5.
Tick the situations where you are giving money.
Correct answer: Giving money to a friend in need.
Correct answer: Paying for something.
Correct answer: Donating to charity.
Doing a sponsored walk for charity.
Correct answer: Sponsoring someone to do something for charity.
Q6.
You should always give money to your friends if they need it and you have it. True or false?
True
Correct answer: False