TOPIC+4+-+PERSONAL+FINANCE

[[file:Assessment 4 - Day-out in Singapore - Marking Grid.doc]]
==== Welcome to Personal Finance - our last topic for Year 9 Commerce! In this topic you will learn some very important life lessons including; how to financially plan for the future, investment options, budgeting tools and their usefulness, borrowing money and what to do if you run into financial strife. You also need to save money personally to attend our 'Singapore Big Day Out' excursion, where you are the masters of your own day. ====

Where are you in terms of your saving? Do you do it? Do you think about it but have no idea how to save? Well, here are some ideas to help you.
1. MIND MAP: Why do we need to save? Go to Inspiration and create a mind map of at least 5 different reasons we should save (you may have more) 2. WORKSHEET: Open and complete the following sheet on Financial Planning:

3. NEWSPAPER ARTICLE AND THE SIX THINKING HATS

**__ASSESSMENT TASK - WEEKS 3-6__**

BUYING PROPERTY