Finacial Literacy

24.09.25

 Fill in  the missing words: wants,income,expenses ,budget, money,needs (2), saving.

Think of your 1 as a way to keep track of your 2. Here’s an easy breakdown:

1. 3: The money you receive from allowance, work, or gifts.

2. 4: Things you spend money on, divided into two types:

   - 5: Essential items like food, clothing, books.

   - 6: Fun stuff like video games, treats, movies.

Here’s what you should do:

- Write down how much money you get and where it goes.

- Always pay for your 7 before anything else.

- Save some money every time you get paid. This will help you buy bigger things later.

Borrowing money isn’t bad, but don’t do it too much. Borrowing means you’ll have to give back even more money later. So, stick to 8 and planning ahead 

 03/09/25

▌ How Teens Think About Money

Kids usually start learning about money during their teen years. It's new to them, so different things affect how they think about it—like what their parents teach them, what friends say, and stuff they see online.

▌ What Do They Buy?

Many teens buy things right away because they want something now. They might spend money quickly on clothes, gadgets, movies, food, and other fun stuff. But some teens try really hard to be smart with their money, saving up for big dreams like college or trips.

▌ Why Save?

The amount saved depends on how much extra money they have after buying essentials. If you're richer, you'll probably save more easily. Some clever teens work small jobs to make extra money, which teaches them good saving habits.

▌ Making Money

Most teens believe in working hard to succeed. Many dream of doing cool jobs that let them express creativity while making enough money to live well. Others choose safer paths because they worry less about risks.

▌ Friends and Ads Matter Too!

Friends play a huge role in deciding what to buy. When everyone else buys fancy things, teens feel pressured to do the same. Plus, ads everywhere push luxurious lifestyles, making kids think having lots of money will solve all problems.

▌ Final Thoughts

All together, today's teens care more about enjoying life than owning expensive stuff. Yet they're still worried about their future, feeling unsure about what's next. Learning good money habits early helps them handle money wisely, giving them confidence for whatever happens next.

10.09.25

  

Speak about the way you manage your pocket money, using the following expressions:

to help to  fulfill wishes and dreams

to manage money

to save a small amount

 to buy everything right away

to teach to plan ahead

to have a piggy bank

 to go towards bigger purchases

to buy gifts for loved ones.

 to learn to appreciate the value of things

to understand the effort parents put into earning money

to teach to be responsible

 to teach somebody responsibility