PUPILS at Fernhurst Primary School were so inspired by their money and finance topic they have now set up a shop to raise funds for equipment in their new ‘chill-out zone.’
The budding entrepreneurs aged nine to 11, in Years 5-6, carried out research for suitably-priced pocket-money items, including surveying other children to find out what they would be interested in buying.
Then they obtained a ‘loan’ from the Fernhurst School Council to buy stock and now open the shop every Monday morning at playtime.
They sell everything from pencils and rubber erasers to keyrings and bracelets, and the shopkeepers record stock and sales on a spreadsheet to track progress.
“It has been an enormous success,” said headteacher Gary Parkes, “The older children are learning valuable lessons about money value and money management.
“The younger pupils are building personal confidence by choosing what they would like to buy.
“They are learning how to keep track of their pocket money.”