1. FAMILIES & INCOME All families have financial needs – things they need money to buy. Families with different incomes have different financial needs. Income affect a family’s standard of living. Which families have the best standard of living? The richer families with a bigger income usually have a better standard of living. The poorer families with very low incomes generally have a poorer standard of living.

2. In this lesson we will be looking at the effect of poverty on families POVERTY AND WEALTH. Wealth refers to the amount of money someone or a family has. An individual who is wealthy or rich is someone who has more money than others. A rich family is often referred to as wealthy. Poor families are often referred to as living in poverty. This usually means that they are not able to get the essential goods and services they require because they don’t have enough money.

3. POVERTY In what ways does poverty affect families? Health Housing Food Education

4. POVERTY, FOOD & HEALTH If you have very little money then it is easier to cut down the amount you spend on food than some other essentials. Poorer people buy cheaper food which is usually less healthy. Fresh fruit, vegetables and meat tend to be more expensive. A poor diet can lead to health problems like heart disease and cancer. It can also cause obesity.

5. POVERTY, HOUSING & HEALTH Gas and electricity can be very expensive, so poorer people will not use electric fires or central heating as this costs money. This means that houses can be very cold and also damp. There will also be no money for any repairs to windows, roofs etc. Bad housing can therefore lead to many health problems such as Asthma and chest infections.

6. POVERTY & EDUCATION Many poorer families lose their homes because they can’t pay the rent or mortgage. This means that children are often moving from one school to another many time which disrupts their education. Poorer families may have to live in small, temporary accommodation. Often children will share rooms and there will be little space to allow them to study and do homework. Children from poorer families may not have a proper breakfast in the morning or enough money for a healthy lunch. This can affect their concentration and health.