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We are engaged in financial thinking daily, looking at spending opportunities and thinking about the money we have or do not have to make such purchases. However, what does it mean to be financially responsible? This term, we are going to be focusing on the true cost of things, both financially and socially.
FOCUS QUESTION: What is the true cost? How can we be financially responsible?
WALT: Investigate ways to fundraise.
WALT: Discuss what it means to SHARE.
Questions to consider this week:
* When do we share our money?
* Who in our family shares their money? How do they do this?
Learning and creating: (answer the following and collect it as evidence of your learning in google slides)
* CHARITIES: pick two charitable organisations and find out the following about them
* who founded the charity?
* what is the purpose of this organisation?
* who help to fund the work of this charitable organisation?
* Which 2 charities would you select to share your money with? (These are only a few to get you started on your search)
WALT: Discuss what it means to SAVE.
Questions to consider this week:
* What are some responsible/irresponsible ways in which we use money?
* What are responsible financial habits?
* What decisions could we make to save money?
WALT: Gain an understanding of Spend, Share, Save in order to help us become Financially Responsible.
Questions to consider this week:
*What is a spending goal?
*Why is it important to set spending goals for yourself?
*Where is a good place to store the money you are saving until your reach your goal?
Blogging - our learning this week around being financially responsible
WALT: Discuss What It Means to be "Financially Responsible".
Week 2: Shopping list challenge:
shopping list includes ingredients for 5 main meals;
shopping list has at least three different types of fruit;
shopping list has 4 sanitary products included;
shopping list has enough bread and milk for the week
Think about: quantity of particular items, e.g. number of bread loaves, litres of milk, grams of mincemeat, etc.
Blogging - our learning this week around being financially responsible
This week we will be having class discussions to help us understand what it means to be financially responsible.
WALT: Become financially responsible when shopping for the needs of a family.
What would you buy from the supermarket if you were in charge of doing the shopping for your family?
Do you think you would be able to buy whatever you wanted and stay on budget?
What do you think is a realistic budget for your family to have in order to do the weekly grocery shopping?
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