What Money Is
What money is and why we use it; that money is exchanged for goods and services; brief history from barter to coins to digital payments
Typical age: 5–7 years
“If you asked your child why people use money instead of just swapping things, could they give you a sensible answer?”
0 / 3 mastered
Explore graph
Needs first
Nothing — this is a great starting point!
Unlocks next
- Needs & WantsREQUIRED
Must understand money exists and is limited before distinguishing needs from wants
- Jobs People Do
Understanding money as exchange helps connect jobs to earning
- Coins & NotesREQUIRED
Must understand what money is before learning to recognise specific coins and notes
- Buying ThingsREQUIRED
Must understand money as exchange medium before practising transactions
- Buyers & Sellers
Cross-domain: understanding what money is (Money & Finance) supports grasping exchange
- Saving MoneyREQUIRED
Must understand what money is before learning to save it