Currency Exchange
Pound
What is United Kingdom?
What is a statement of earnings?
A statement of earnings shows what you earned over a specified period and the amounts deducted.
What is budgeting?
stating the money that you will earn, the money that you spent and the money that you save.
Examples of contactless payment?
Smartphones, smartwatches, debit/visa
The system of money used in a specific country.
Currency
Take the total amount of hours and multiply it by the hourly pay rate
How to calculate wage?
Financial experts recommend putting aside 10 percent or more each month for your goals.
Saving
Where to go to borrow money?
The Bank
One nation's currency in terms of another nation's currency and determined by the forces of supply and demand.
What is currency exchange?
Canadian Pension plans
Employment insurance
Income tax
Deductions from your pay
On your Christmas budgeting planning worksheets, how much money did you have to begin with?
$1000
The second step when calculating interest rates
Multiply that decimal by the amount
How much is $1.00 CAD worth in Euro?
0.69
How to convert tax
13% divided by 100
Spending money each month on rent is an example of...
Fixed expenses
1. What interest rate will they be charged?
2. How long will they have to pay back the loan?
What are two things to consider when taking out loans from the bank?
Find the exchange rate of 1 dollar US to Canadian dollar.
What is the first step when calculating currency exchange? (US changing to Canadian)
If a pair of shoes cost $150, what will the total cost of the shoes be after tax?
$169.50
Going to see a Toronto Maple Leafs game is an example of....
Variable expenses
How can credit card interest affect you from buying a house in the future?
If you did not pay off your credit card on time you will have a poor credit score and the bank may not allow give you a loan to buy a house.