financial

Over the past two terms, we mastered important financial skills, from quick calculations to long-term planning. We learned that being financially literate means being a detective (spotting deals), a planner (making budgets), and a critical thinker (avoiding money traps)!

We improved our ability to handle complex transactions and calculate costs and change accurately. We became Discount Detectives, learning how to apply percentages to find the sale price, and even how to work backward to find the original price!

We moved on to creating financial plans! We used spreadsheets to build budgets and learned how to convert amounts between weekly, monthly, and yearly timeframes. We also critically examined financial options like phone plans and ‘Buy Now, Pay Later’ (BNPL) services.

Budgeting Check: If my expenses are consistently higher than my income, I have a Deficit]. This means I must get more income or cut back on my budget.

Our group project required us to plan a significant financial event  Dream Trip, Small Business

Project Summary

1. Our Project Goal Was: to save up to 500$

2. The Biggest Expense We Budgeted For Was: gaming console cost 500$

3. The Most Important Math Skill We Used Was: Applying Discounts

My Personal Takeaway

Before this unit, I thought money management was just about [finish the sentence].

Now, I understand that good financial literacy also involves future stuff we need and discounts .

I feel most confident now when calculating Discounts and Budgets