Topic 1: Money, Transactions & BudgetsBuild a plan, watch what's left, fix it when it breaksNext for you
Concepts · 23 idea cards
- Who pays whom
- Debit takes it from the account
- One account down, one account up
- Gift cards and cheques
- Pick the way that fits
- Estimate a total by rounding
- Multiply each line, then add
- Count up to make change
- Cash rounds to 5 cents
- 13% sales tax
- Estimate the tax and the change
- A budget plans money in and out
- Needs come before wants
- Values shape a budget
- Surplus, balanced or deficit
- Fix a budget that is over
- Save a set amount each week
- Keep a record of money
- Budget for a class sale
- Credit is borrowed money
- A debt is paid back over time
- Interest is the cost of borrowing
- Pay now or pay later