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Money and Trade Questions- Ms JOY
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Your Turn
Good Job
Example:
Because of inflation, the same basket of food costs more this year than last year.
Inflation 📈
👉 When the prices of goods and services go up, and money buys less than before.
Your Turn
Good Job
Example:
At the airport, we went to a foreign exchange counter to change pesos into dollars.
Foreign Exchange 🌍💱
👉 Changing money from one country into the money of another country.
Your Turn
Good Job
Example:
She used her credit card to buy a new jacket online.
Credit Card 💳
👉 A plastic card from a bank that lets you buy things now and pay for them later.
Your Turn
Good Job
Example:
After eating at the restaurant, the waiter gave us the bill.
Bill 💵
👉 A piece of paper that shows how much money you must pay for something (like at a restaurant or for electricity).
New
Vocabulary
If you could design a new way of paying for things in the future, what would it be like?
👉 How would it make life easier for people?
How do advertisements or promotions influence your decision on how to pay?
👉 Can you give an example?
Do you think contactless payments are safer or riskier than traditional methods?
👉 Why do you feel that way?
Can you remember a time when you couldn’t pay because you didn’t have the right payment method?
👉 How did you solve the problem?
In your opinion, is it better to budget money with cash envelopes or by tracking card expenses?
👉 Why do you think that method works better?
Have you ever used a gift card or store voucher?
👉 How did you feel about using it?
Do you think online shopping has changed the way people pay for things?
👉 How has it changed your habits, if at all?
Have you ever received change in coins that you didn’t like carrying?
👉 How did you handle the situation?
When you travel, do you prefer to carry local cash or rely on cards?
👉 Why do you make that choice?
How do you usually pay for small items like snacks or drinks?
👉 Why do you prefer that method?
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