Budgeting www mathsrevision com N 4 LS Saving

Budgeting www. mathsrevision. com N 4 LS Saving Problems Budgeting for a Trip Monthly Budgeting Needs & Wants 19 -Mar-18 Created by Mr. Lafferty Maths Dept.

Starter Questions www. mathsrevision. com N 4 LS 1. Two numbers add to give 12 and divide to give 3. Find the two numbers. 2. Two numbers subtract to give 5 and multiply to 24. Find the two numbers. 3. Make your own question up. 19 -Mar-18 Created by Mr. Lafferty Maths Dept.

Budgeting Savings www. mathsrevision. com N 4 LS Learning Intention 1. We are learning to manage money. Success Criteria 1. To understand the important of managing money. 2. Solve simple problems involving saving money. 19 -Mar-18 Compiled by Mr. Lafferty Maths Dept.

Budgeting Savings N 4 LS www. mathsrevision. com For something in the future Computer game New bike Why save ? Phone Holidays Trainers 19 -Mar-18 Compiled by Mr. Lafferty Maths Dept.

Budgeting Savings www. mathsrevision. com N 4 LS Kayleigh saves £ 20 a week so she can buy a new bicycle costing £ 450. (a) Can she afford it after 19 weeks ? No ! Savings total = 19 x 20 = £ 380 (b) For how many more week does she need to save. 450 - 380 = £ 70 Monday, March 19, 2018 created by Mr. Lafferty @ www. mathsrevision. com 70÷ 20 = 3. 5 Another 4 weeks

Budgeting Kyle got item first by a week. Savings N 4 LS www. mathsrevision. com Kyle saves £ 25 a week to buy a £ 198 jacket. Hannah saves £ 30 a week to buy a £ 270 dress. Who will be able to buy their item first and by how many weeks ? Kyle Hannah 198 ÷ 25 270 ÷ 30 = 7. 92 weeks Monday, March 19, 2018 = 9 weeks created by Mr. Lafferty @ www. mathsrevision. com

Budgeting Savings www. mathsrevision. com N 4 LS Now Try TJ N 4 Lifeskills Exercise 1 Ch 29 (page 230) 19 -Mar-18 Created by Mr. Lafferty Maths Dept.

Starter www. mathsrevision. com N 4 LS Don’t fritter your money away Save for a rainy day What do these phrases mean ? Better in your pocket than theirs. 19 -Mar-18 They are not your pals Compiled by Mr. Lafferty Maths Dept.

Budgeting Saving for a Trip www. mathsrevision. com N 4 LS Learning Intention Success Criteria 1. We are learning how to save for a trip. 19 -Mar-18 1. Understand the importance of saving to enable to afford trips. Created by Mr. Lafferty Maths Dept.

Budgeting How can you help ? List a few options Savings www. mathsrevision. com N 4 LS In school pupils normally get the chance to go on various School trips e. g. Skiing in Italy , Disneyland Paris , New York etc. . . Who do you think should pay for Cut back on things you don’t you to go ? need Save some of your pocket money Wash cars Deliver papers Get a part time job Use initiative Monday, March 19, 2018 Cake/Candy Raffle created by Mr. Lafferty @ www. mathsrevision. com

Budgeting Needs & Wants www. mathsrevision. com N 4 LS Work in pairs to complete the sheet 19 -Mar-18 Created by Mr. Lafferty Maths Dept

Budgeting Saving for a Trip www. mathsrevision. com N 4 LS Now Try TJ N 4 Lifeskills Exercise 2 Ch 29 (page 231) 19 -Mar-18 Created by Mr. Lafferty Maths Dept.

Starter www. mathsrevision. com N 4 LS Don’t fritter your money away Save for a rainy day What do these phrases mean ? Better in your pocket than theirs. 19 -Mar-18 They are not your pals Compiled by Mr. Lafferty Maths Dept.

Budgeting Monthly www. mathsrevision. com N 4 LS Learning Intention Success Criteria 1. We are learning how to mange a monthly budgets. 1. Understand the key features of a monthly budget. 2. Be able to work with monthly budgets. 19 -Mar-18 Created by Mr. Lafferty Maths Dept.

What does Income and Expenditure mean ? Monthly Savings Budgeting www. mathsrevision. com N 4 LS Most people who have a job get paid monthly or 4 weekly. Most of their wages are taken up with expenses. Everyone needs to manage their money so they don’t get into debt which can lead to serious problems. Spreadsheets are one of the best ways to track your Income and Expenditure over a monthly period. Monday, March 19, 2018 created by Mr. Lafferty @ www. mathsrevision. com

Budgeting Give some examples of Income and Expenditure Monthly www. mathsrevision. com N 4 LS Food Wages Gas & Electric Child Benefit Child Tax Credit Working Tax Credit Rent TV Internet Mobile Phone Car Loan & Petrol Insurance Credit Card Clothes 19 -Mar-18 Created by Mr. Lafferty Maths Dept

Budgeting Needs & Wants www. mathsrevision. com N 4 LS Work in pairs to complete the sheet 19 -Mar-18 Created by Mr. Lafferty Maths Dept

Budgeting Monthly www. mathsrevision. com N 4 LS Now Try TJ N 4 Lifeskills Exercise 3 Ch 29 (page 233) 19 -Mar-18 Created by Mr. Lafferty Maths Dept.

Starter Questions www. mathsrevision. com N 4 LS 1. Two numbers add to give 11 and divide to give 10. Find the two numbers. 2. Two numbers subtract to give 1 and multiply to 42. Find the two numbers. 19 -Mar-18 Created by Mr. Lafferty Maths Dept.

Budgeting Needs & Wants www. mathsrevision. com N 4 LS Learning Intention Success Criteria 1. We are learning the difference between “Needs & Wants” 1. Understand the difference between Needs & Wants. 2. Be able to correctly identify Needs & Wants in a context. 19 -Mar-18 Created by Mr. Lafferty Maths Dept.

Starter Needs www. mathsrevision. com N 4 LS Food Money Water Make a list of what you need to live ? Accommodation 19 -Mar-18 Clothes Gas / Electricity. Maths Dept. Compiled by Mr. Lafferty

Starter Wants www. mathsrevision. com N 4 LS TV Car Fast Food Make a list of what you want to live ? Latest Gadget Cinema Bike 19 -Mar-18 Compiled by Mr. Lafferty Maths Dept.

Have you updated your Learning Log ? Budgeting Needs & Wants www. mathsrevision. com N 4 LS Now Try TJ N 4 Lifeskills Exercise 4 Ch 29 (page 234) 19 -Mar-18 Created by Mr. Lafferty Maths Dept.