| Smart Shopping | ATM | Insurance | Good Financial Habit |
|---|---|---|---|
|
want
is "toy" a need or want
|
a machine for your to access your personal bank account
What is ATM
|
a protection against accidents
What is insurance
|
set spending limit weekly/monthly
How to budget your allowance
|
|
want
is "snacks" a need or want
|
Insert your bank card, enter password to access your account, take out money
How does an ATM work
|
health, travel, accident etc
Name one type of insurance
|
Think need and want
How to prioritize your spending
|
|
book, pencil, lunch, etc
Name three "Need"
|
No
Is ATM a source of free money
|
you pay a monthly premium, once an accident happen, you submit a claim and if it is approved, your loss will be paid by the insurance company
How does an insurance work
|
help out parents. have a bank account to earn interest
How to earn you own money
|
|
wrong
Right or wrong : spending emotionally
|
No
Can you use ATM to get money from other people's account
|
health, travel, accident etc
Name three types of insurance
|
set a goal and keep track of your savings. Review weekly/monthly to see if goal is reached
How to make a saving plan
|
|
Think about need or want. Compare prices. Make saving plan
How to spend rationally?
|
No
Should you give your password to your friends
|
If you are injured in an accident, the insurance company will pay you a monthly income until you can work again
What is Income Protection Insurance
|
n/a
Why is it important to have good financial habit
|
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