Currency
What is the name of Canada’s currency?
Canadian dollar
What payment method uses physical coins and bills?
Cash
What is a saving goal?
Something you plan to save money for
What does earning money mean?
Getting money for work/services
You want something that costs $40 but only have $25. What should you do?
Save more / wait / earn more
You buy a snack for $4.75 and pay with $10.
How much change should you get?
$5.25
What card takes money directly from your bank account?
Debit Card
Would buying a chocolate bar be a short-term or long-term goal?
short-term
Name one way a Grade 6/7 student could earn money.
Babysitting, chores, dog walking, etc.
You have $50. You spend $18. How much remains?
$32
You are travelling to the US. The exchange rate is 1 CAD = 0.73 USD.
How much USD would you get for $200 CAD?
$146 USD
You buy something for $80 using a credit card.
You only pay $20 this month.
How much do you still owe?
$60 (not including interest)
You want to buy a bike for $360 in 6 months. How much must you save each month?
$60/month
Sam earns:
How much total?
$100
You have $100. Choose the better option:
Phone A = $95 + tax
Phone B = $100 no tax
Which is cheaper?
Depends on tax rate — good discussion.
A souvenir costs 45 USD.
You have $70 CAD.
Exchange rate: 1 CAD = 0.73 USD
Do you have enough money?
70 × 0.73 = 51.1 USD
Yes!
You have $50 in your bank account.
You try to buy shoes for $65 using debit.
What happens?
Transaction likely declines / insufficient funds.
You save $12/week. How long will it take to save $300?
300 ÷ 12 = 25 weeks
A student earns $14/hour working at a store.
They want to buy something worth $350. How many hours must they work?
350 ÷ 14 = 25 hours
You have:
You want to buy a game costing $95 after tax. What payment options could work?
Debit alone / split if allowed
You exchanged $150 CAD into euros and received 96 EUR.
Approximately how much is 1 CAD worth in euros?
96 ÷ 150 = 0.64 EUR
You want to buy a $600 laptop. Which payment method would be best and why:
Open-ended
You have two saving plans:
Plan A: Save $20/week
Plan B: Save $75/month
Which helps you reach $500 faster?
A ≈ $80/month
B = $75/month
Plan A is slightly faster
You earn $120.
How much money is left?
Saved = 30
Spent = 42
Donated = 12
Total used = 84
Left = $36
You earn $250/month. Your goals:
Calculate each amount.
Save = 75
Spend = 100
Emergency = 50
Donate = 25