We’ve spent two terms becoming Financial Superheroes! We learned that being good with money means being a detective 
(spotting deals), a planner 
(making budgets), and a smart saver!
Budgeting Basics
We learned how to set up budgets and figure out where our money is going! It’s all about balancing Income (money coming in) and Expenses (money going out).
Surplus or Deficit? If I earn $25 a week but only spend $15, I have a Surplus of $10. This extra $10 should go toward saving.
Smart Saving and Spending
We learned how to make money work for us by setting goals and comparing prices to get the best deal.
Goal Setting: Saving up to buy a christmas present next month is an example of a short-term goal.
Smart Shopping Tip: When I compare two different items to buy, the best way to make a smart choice is to pick the item that gives the best value.
Discounts: If a game costs $40 and it has a 10% discount, I can find the discount amount by dividing it.
The Big Project Reflection!
My final project was all about applying these skills to fundraise for a charity.
Project Summary
My Project Goal: Trying to raise $2000 for the homeless shelter. The Biggest Expense I Budgeted For Was: bananas The Most Important Math Skill I Used Was: Adding & Subtracting Money
My Personal Takeaway
Before this unit, I thought being good with money was just about good saving.
Now, I understand that good financial literacy also involves maths and equations.
I feel most confident now when calculating products.
Here is my project