LO1: To understand what was used before money and recall world currencies LO2: To demonstrate an ability to balance needs and wants LO3: Discuss real-life.

Slides:

Advertisements

Similar presentations

Money and the World of Work: Session 1

Advertisements

ENTERPRISE!. OUR HIGH STREET Activity 1 The Post Office Today (in 2010) a small greetings card weighing less than 100g costs 41p to send first class.

Employment and inflation. Inflation Money is like everything else: the more there is of it the less value it has So if there is a lot of money in an economic.

October 11, 2013 F INANCIAL L ITERACY M ODULE 1 A SSESSMENT R EVIEW.

Money and Credit in the Virginia Colony

Textbook: Chapter 9. 1.Do you think saving is important? 2.What problems might you face if future if you do not save? 3.What are some things you should.

Saving and Investing © 2013 Created by Sally Camden ~ The Reflective Educator ~

LO1: Work well in groups to complete the Money Quiz LO2: Understand what taxes are and calculate the amount of tax paid LO3: Recall key words and negotiate.

1 A presentation of work by the Squirrels, a Year 1/2 Class at Applegarth Primary School, Northallerton, North Yorkshire.

LO1: Understand the difference between a credit and a debit card. LO2: Analyse a bank statement and demonstrate how to manage money.

LO1: Plan a presentation about how well your company performed during the card-making task LO2: Recognise the keys to a successful presentation LO3: Summarise.

LO1: To recall the 5 P’s of Marketing LO2: To discuss how shops promote their services and advertise LO3: To work in groups to come up with a name, logo.

Session 12 Money and Financial Markets. TEKS (12) Economics. The student understands the role of money in an economy. The student is expected to: (A)

Budgeting Spend wisely. Save Regularly. Invest Carefully.

Money & Banking. What is money…  Medium of Exchange  It is accepted in buying and selling goods and services.  Easier than barter  Store of value.

Economics 1.1 Making Choices.

Contents Click the link below to go directly to the slides for that chapter. Chapter 1 ■ Your Personal Strengths Chapter 2 ■ The Roles You Play Chapter.

Income and Expenses. Income Income from work A. Wage – money paid by the hour or unit of production. B. Salary – money paid on a weekly, monthly, or yearly.

IPad 72% 1:53 Thursday, February 28 click arrow to begin ALL ABOUT MONEY.

Mortgage Interest Rates. Learning Outcomes The main learning outcomes for this lesson are: Learn what the interest rates are for mortgages. Understand.

How do you find out... Think of the various ways that you find out about a new product. Finding out about new products...

Financial Planning Program Unit One A few stats!! One out of three high school students use credit cards. 83% of college students have a credit card.

5.E.1 Understand how a market economy impacts life in the United States. 5.E.2 Understand that personal choices result in benefits or consequences.

Copyright 2007 Thomson South-Western Chapter 4 Financial Decisions and Planning.

Salary $100,000  Choose a name for your group.

Prayer – is it more than talking to thin air? How can you tell? To describe experiences of God through prayer To explain what can be learnt about God from.

Learning About a Budget MANSFIELD UNIVERSITY TRIO MELISSA WISE -FIRST CITIZENS NATIONAL BANK.

STUDENT CREATED REVIEW MANAGING MONEY. SPENDING STYLES Present-Oriented Future-Oriented Buying things now instead of waiting Don’t plan and save as much.

Speed round presentation. Presenting you business quickly You only have a few moments to grab their attention. You need to get right to the point and.

Expressions vs. Equations 4x x and 3x + 31 = 32 An expression is an operation with variables or numbers but no equal sign. – Example: 4x +5 or 4(x+5)

The Economy. Learning outcomes The main learning outcomes for this lesson are: Understand what the economy is and who is affected by it. To learn what.

Introduction to Business

1 Essential Question COPY: Describe each of the 5 key features of the U.S. Free Enterprise Economy, Identify the three actors and two markets in the circular.

Choose a category. You will be given the answer. You must give the correct question. Click to begin.

Decision Making.

Personal Financial Literacy

Monday, September 20th EQ: 1. Does every conflict have a winner? 2. How can I analyze a character in a short story? Bell Ringer: Complete the graphic.

For this homework you are being asked to plan a holiday. You will be given a fixed amount of money. Using the resources available, you will then need.

IGCSE Economics Unit 1 – Choices and Opportunity Costs.

What’s Next? Checking and Savings Accounts. Opening a Checking Account Name some items you should bring with you to open a checking account.   Identification.

Do Now: In your notebook give your best answer for the question below: Do you think that economics is only about money? If so explain why. If not, What.

Economic Systems The way a group of people produce and distribute goods and services.

Social Psychology Research into conformity. Learning Objective  All of you will be able to… - Outline Asch’s key research on conformity - Identify strengths.

The Use of $Money$ in the Virginia Colony SOL VS. 4d.

Mini Society Review Test on May 7, What is the name for the thing you give up when you choose something over it?

Opportunity Costs & Decision Making Ross. Objectives The student will:  Learn about a making choices and using a decision making model.  Think about.

Getting Around Transport You need to decide how you are going to travel to and from work and out and about. You need to decide how you are going to.

Cost of Credit 2015 Educurious Partners--All rights reserved UNIT 3 LESSON 8.

Chapter 7 Buying Decisions Lesson 7-1 Designing a Buying Plan LEARNING OBJECTIVES: - DISCUSS THE RESULTS OF BEING FINANCIALLY RESPONSIBLE AND FINANCIALLY.

The Future of the Welfare State Lesson Starter What problems is the welfare state facing and why?

Ambassadors of Customer Expereience Module 2 Adding Value.

Reading is an Investment Kindergarten Lesson

Learning objectives: To understand the term “target market” Know how to identify a target market for your own business idea using market research.

10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt Goods.

Trade Off Trade-Off A trade-off is an exchange of one thing for another, or accepting less of one thing for more of another. For example, if you have the.

I CAN DETERMINE AND EXPLAIN THE IMPORTANCE OF CREATING A BUDGET AND HOW IT SUPPORTS GOOD FINANCIAL DECISION MAKING.

Personal Finance Money Management Choices SS6E4 & SS7E4

Preparing Lifelong Learning Personal Finance:.  Imagine you are 25 years old describe your life. - What is your job? - Where do you live? - What do you.

What is Economics? Chapter 18 (Part 2). Trade Offs  Economic problems are surprisingly simple in that there are few terms/rules to consider  Complex.

Chapter 36 Financing the Business Section 36.1 Preparing Financial Documents Section 36.2 Financial Aspect of a Business Plan Section 36.1 Preparing Financial.

Objective 5.01H.  The amount of money that is paid for a good, service, or resource  In the U.S., it’s expressed in dollars and cents.  Indicates the.

PERSONAL FINANCE GAME This project counts as a TEST grade. LISTEN and follow directions! Excel Sheets: 1- MONTHLY BUDGET SHEET 2- CHECKING ACCOUNT 3- SAVINGS.

Teaching for Deep Learning in an active and engaging way Session 9.

Is It Worth It? Gr. 4 Financial Literacy

Why We Use Money Money is anything you exchange for goods or services.

Test Tips Preparing for exam day.

Why We Use Money Money is anything you exchange for goods or services.

Healthy Relationships

Give 6 different extension strategies and explain the problems that businesses might face implementing them. What’s happening here and what potential problems.

Presentation transcript:

LO1: To understand what was used before money and recall world currencies LO2: To demonstrate an ability to balance needs and wants LO3: Discuss real-life money decisions and evaluate ways to save money Session 1: Making Money Choices Financial Literacy Scheme

KNOWWHATHOWLEARNT What do we already know? What else do we want to learn? How can we learn more? What have we learnt? KWHL – Our Learning

What did we do before money? Bartering is the oldest method of conducting business. Bartering is simply trading one item for another; an apple for an orange. But bartering can also involve services; for example dental care, making a custom wedding dress, doing someones gardening or making dinner.

CURRENCY Worth Definition World currencies In the UK? In the rest of Europe?

Pounds and Pence Each letter of the alphabet has a value. Can you calculate how much your name is worth? ABCDEFGHIJ 1p2p5p10p20p50p£1£2£5£10 KLMNOPQRST £201p2p5p10p20p50p£1£2£5 UVWYZ £10£2013p1p2p If you finish this, how many words can you think of that are worth £10?

Needs and Wants Work as a team to sort the cards into what you think are Needs and Wants. Extension: estimate how much you think each item might cost, and put the cards from lowest to highest. If you only had £10 to spend this week, what would you choose to buy?

Spend or Save? Ben and Lily are school friends who are faced with some money problems. The holidays are soon, but if Ben and Lily want to make sure they have the best time possible theyre going to need to save some money, and fast! Using the videos you need to help them make all sorts of money decisions in the run up to their holidays. Spend or Save Video Watch the videos and as a team, decide what you would do at each stage.

What would you do? Discuss answers to the questions above in groups. You will need to explain your decisions to the rest of the class.

Summary We use currency to buy and sell things We need to make informed choices about the way we spend our money – thinking about needs vs wants can help It is important to think about the future when making money decisions now Next session you will be finding out about the world of work first hand, and learning about taxes and contracts!