Year 9

How can we keep track of our money?

Year 9

How can we keep track of our money?

Lesson details

Key learning points

  1. In this lesson, we will explore different types of online banking, prepaid cards and other tools that can help us keep track of money. We then explore how we can keep safe online, in relation to digital citizenship, and how to be aware of different kinds of online money crimes. This includes fraud, such as phishing, pharming, money mules and other types of common scams.

Licence

This content is made available by Oak National Academy Limited and its partners and licensed under Oak’s terms & conditions (Collection 1), except where otherwise stated.

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5 Questions

Q1.
What does this describe: "Being given something with the understanding you would giving it back"
Correct answer: Borrowing
Gifting
Theft
Q2.
What is a credit card?
Correct answer: A card which has a limited amount which can be spent and paid back.
An amount lent for a long period of time (over a year) at a low interest rate.
Non-profit organisation offering low interest borrowing.
Spending above what is available in a debit account.
Q3.
Is projected borrowing for the UK going to be higher or lower this year?
Correct answer: Higher
Lower
Q4.
Finish this advice on spending; "If it's too good to be true then..."
...it always is.
...it never is.
Correct answer: ...it probably is.
Q5.
Which type of lending is illegal?
Credit Card
Correct answer: Loan Shark
Payday Loan
Short Term Loan

5 Questions

Q1.
What image is often used by fundraisers to help them track their fundraising?
Graph
Pie Chart
Spreadsheet
Correct answer: Thermometer
Q2.
What is a Jam-Jar account?
Correct answer: A budgeting account which allowed you to split your money up.
A jam jar at home to store your money in
A place where you can choose from different jars
Q3.
Which type of money tracking is similar to a gift card?
Jam-Jar Account
Online Banking
Correct answer: Pre-Paid Cards
Q4.
What would a secure website address start with?
htp
htps
http
Correct answer: https
Q5.
What would banks ask for if they need to confirm your details?
All of your banking information
None of your banking information
Correct answer: Part of your banking information