Saving
Stock exchange
property - House, flat, land
financial institution eg bank, credit union, finance company
antiques, stamps, coins, cars,
Name four different ways you can invest your money.
Money added into a bank account.
What is a deposit?
Melbourne
What is the capital of Victoria?
Securities exchange, an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments
Another name for stock exchange? What is the stock exchange?
Ms Chan
What is the best teacher ever?
A budget is a spending plan based on income and expenses. In other words, it's an estimate of how much money you'll make and spend over a certain period of time, such as a month or year.
What is a budget?
The cost of money
What is a interest?
Cowarr - the best house is Michael Copely
Towera - Ms Heppel
Yaan - Paul Looker
Malloo - Mr Sale
Name the four heads of house at Alkira
A rise in the general level of prices.
What is Inflation?
National Bank, Commonwealth Bank, ANZ Bank, Suncorp, St George Bank, AMP Bank, ME Bank, IMB bank
Name three banks in Australia.
1. Pay your repayments on a regular basis
2. Do not overspend
3.Make a budget
Two tips to save money
Superannuation is a retirement fund. When you earn a wage a certain amount is taken out of your wage per week or fortnight or monthly. When you retire you live off this money which has been invested over the time you have been working.
What is superannuation and how does it work?
Cannot earn interest, better to invest in a bank
might get stolen
not convenient when you are travelling around
Provide two reasons why it is not a good idea to put your money under your mattress.
Cowarr - white
Yaan - blue
Malloo - green
Towera - red
Name the four houses at Alkira and the colors.