Causes of Poor Saving | Reasons for Saving Primary 5 (Basic 5) Term 2 Week 4 Social Studies

 

SOCIAL STUDIES

RELIGION AND NATIONAL VALUES

SECOND TERM

WEEK 4

PRIMARY 5

THEME: RESOURCES PRESERVATION 

PREVIOUS LESSON – Resource Preservation – Meaning and Types of Savings | Process of Open a Bank Account | Bank Facilitates in the Communities Primary 5 (Basic 5) Term 2 Week 3 Social Studies

 

TOPIC: POOR SAVINGS 

 

LEARNING AREA 

1. Introduction

2. Meaning of Poor Saving

3. Causes of Poor Saving

4. Lesson Evaluation and Weekly Assessment (Test)

 

 

PERFORMANCE OBJECTIVES 

By the end of the lesson, most of the pupils should have attained the following objectives – to identify and state the causes of poor saving.

 

 

ENTRY BEHAVIOR

The pupils can identify some of the cause of poor saving.

 

 

INSTRUCTIONAL MATERIALS

The teacher will teach the lesson with the aid of chart of families with small and large size.

 

 

METHOD OF TEACHING 

Choose a suitable and appropriate methods for the lessons.

Note – Irrespective of choosing methods of teaching, always introduce an activities that will arouse pupil’s interest or lead them to the lessons. 

 

 

REFERENCE MATERIALS 

1. Scheme of Work

2. 9 – Years Basic Education Curriculum

3. Course Book

4. All Relevant Material

5. Online Information

 

CONTENT OF THE LESSON 

LESSON 1 – INTRODUCTION

Saving is money set aside for future purposes.

Everyone is expected to save money for the future.

The inability to save as expected is known as poor saving.

 

 

CAUSES OF POOR SAVINGS 

There are a lot of reasons why people are unable to save money –

1. Ignorance

2. Low income

3. Inappropriate financial planning

4. Inability to manage income properly

5. High level of spending

6. Borrowing

7. Unemployment

8. Poor health

9. Physical disability

10. Lack of support

11. Having too many financial responsibilities.

 

 

LESSON 2 – REASONS FOR SAVING

People have different reasons for saving.

1. People save for interest, dividend or profit.

2. People save for business expansion.

3. People save for education.

4. People save for leisure time or vacation period.

5. People save for marriage, naming ceremony, etc.

6. People save for their own growth and development.

7. People save for projects such as building or buying house(s).

8. People save for their future generations.

9. People save business opportunities or investments purpose.

10. People save for emergency.

 

 

LESSON 3 – REVISION AND WEEKLY ASSESSMENT

 

 

PRESENTATION

To deliver the lesson, the teacher adopts the following steps:

1. To introduce the lesson, the teacher revises the previous lesson. Based on this, he/she asks the pupils some questions;

2. Asks pupils in group or pair to state the reasons why some people save money and other do not save.

3. Give them some minutes to discuss and wait for their responses.

Pupil’s Activities – State the reasons why some people save and other don’t.

4. Uses pupil’s responses to introduce the lesson and lead a discussion on the causes of poor saving and the reasons why people save.

Pupil’s Activities – Pay attention to the lesson introduction and analyze the causes of poor saving.

5. Summarizes each lesson on the board.

Pupil’s Activities – Participate actively in the summary of the lesson and write as instructed.

 

 

CONCLUSION

  • To conclude the lesson for the week, the teacher revises the entire lesson and links it to the following week’s lesson – resources development.

 

 

LESSON EVALUATION

Teacher asks pupils to –

1. mention 5 causes of poor saving.

2. state 5 reasons for saving.

 

 

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