How can you tell they’ve got it: Looking After Money?

If they’ve got it, you’ll see things like: Describe at least two ways to keep money safe (purse, wallet, money box, giving to a grown-up); Explain why it matters if you lose money; Show that they treat real coins and notes carefully rather than leaving them lying around. Or just try it together: If you gave your child some coins to look after at a shop, would they keep them safe and know where they put them?

Life Skills Money & Finance Ages 5–7

Looking After Money

Your child knows money is worth real things. They keep it safe in a purse, wallet, or money box, where it will not get lost.

In curriculum terms

Keeping money safe; not losing coins or notes; understanding that money has real value and should be treated carefully; basic money responsibility

Ages are typical, not deadlines — follow your child’s pace. How to help at home →

How to tell they’ve got it

Tick these off as you see them — no test required.

Describe at least two ways to keep money safe (purse, wallet, money box, giving to a grown-up)
Explain why it matters if you lose money
Show that they treat real coins and notes carefully rather than leaving them lying around

🖨 Print this page to keep the checklist — it prints beautifully.

Try this together

If you gave your child some coins to look after at a shop, would they keep them safe and know where they put them?

Where this sits on the map

Stuck here? Check the skills it builds on first. Confident? Here’s what it unlocks.

Builds on

Coins & Notesages 5–7Must know what coins and notes are before learning to look after them

Looking After Moneythis skill · ages 5–7

Unlocks

Scams & Online Safetyages 9–11Must understand basic money safety before learning about sophisticated scams

Banks & Savingages 7–9Understanding money safety motivates why banks are useful

Ways to Payages 7–9Money safety concepts extend to digital payment safety

solid = must come firstdashed = helps

Curriculum alignment

Where this fits in the official school curriculum — our best automated guess, not yet checked by a person.

Show candidate curriculum codes · 1 VIC

Australian Curriculum v9 candidate

This skill sits outside the F–6 Australian Curriculum — no candidate code matched (v0.1).

Victorian Curriculum 2.0 codes & levels only

VC2M3N07low confidenceMathematics · Level 3 · Number strand

These are candidate alignments generated by semantic matching — machine-suggested and unreviewed (v0.1), not official or verified mappings. For official curriculum content see australiancurriculum.edu.au, curriculum.nsw.edu.au and f10.vcaa.vic.edu.au. Don’t rely on them for registration or compliance purposes.

Nearby on the map

Buying Thingsages 5–7 Coins & Notesages 5–7 Jobs People Doages 5–7 Needs & Wantsages 5–7

All Money & Finance skills →