Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

You really want a £200 mountain bike but you can’t afford it. You have worked out that it will take you two years to save the money.

• Isitworthwaitingthatlong?

• Willyoustillwantthebikeintwoyears?

• Issavingmoneyawasteoftime?

Scenario 1

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Your 17-year-old sister is miserable because shecan’taffordtogotoamusicfestivalwithherfriends.She’ssavingupfordrivinglessons instead.

• Whatwouldyoudoifthiswasyou?

• Doyouthink17-year-oldsshouldsavemoney?

• Whatelsemightyouneedmoneyforwhenyou are17?

Scenario 2

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Yourparentsmakeyouputhalfofyourpocketmoneyinabankaccounteachweek.

• Isthisfair?

• Whatwouldyoudoifyouwereaparent?

• Inthefuturewillyoubegladthatyouhave plentyofmoneysavedup?

Scenario 3

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Yourbigbrotherisatuniversityandlovesit.Youreallywanttogowhenyouare18butyou do have worries.

• Whatmightyourworriesbe?

• Mostlearnersborrowalotofmoneytogoto collegethenhavetopayitbackwhentheyget ajob.Isitworthit?

• Ifyoudon’tgotouniversity,whatelsecould youdo?

Scenario 4

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Youhaveseenthatthebossofalocalcompanydrivesabigcar.

• Doyouwanttorunabusinessoneday?

• Doyouwanttodoajobhelpingotherpeople?

• Whyaresomejobsbetterpaidthanothers?

Scenario 5

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Inthefutureyouwillhopefullyhaveajobandearn money.

• Whateverydaythingswillyouneedmoneyfor?

• Whywillyouhavetopaybills?

• Whattreatswillyoubuyyourself?

Scenario 6

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Youare30yearsoldandhaveagoodjob...

• Willyouspendmoneyonanewcarorabig holiday?

• Willyousavealotofyourmoneyormainlybuy things?

• Wherecanyougetadviceaboutlookingafter yourmoneywell?

Scenario 7

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

You’veheardthatlotsofpeopleareindifficulty because they’ve borrowed too much moneywithloansorcreditcards,andtheycan’tpayitback.

•Whydopeoplegetintodebtlikethissoeasily?

• Whatdothesepeoplespendtheborrowed moneyon?

• Howcanyouavoidthishappeningtoyou?

Scenario8

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Itistheyear2040.

• Whatnewthingscanyoubuyintheshopsthat haven’tbeeninventedyet?

• Howoldwillyoubein2040andwhatwillyou spendyourmoneyon?

• What’sthefuturelike?

Scenario 9

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Inthefutureyou’llprobablyhavetopaytax.Thegovernmentcollectstaxoffpeoplesoitcanbuildthingslikeroadsandhospitalsandschools.Taxalsopaysforthearmyandpoliceandhelpingpeoplewhoaresick,disabledoroutofwork.

• Howwillyoufeelaboutpayingtax?

• Whatwouldhappenifwe didn’tpaytax?

• Doyouthinktaxesshouldbe loworhigh?

Scenario 10

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Youhavejustleftcollegeandhaveappliedfortwojobs.Oneispaidalotbuthasverylonghours and is very difficult. The other job has ashortworkingdayandiseasybutitpaysmuch less.

• Whichjobwillyougofor?

• Whateffectmightworkinglonghourshaveon you and your close friendsandfamily?

• Howimportantisit foryoutoearna lotofmoney?

Scenario 11

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Whathappensifyoucan’tgetajob?

• Howdoyougetmoneyforthethingsyouneed?

• Wheredoesthatmoneycomefrom?

• Whathappenedtopeopleinthepastifthey couldn’twork?

• Whichisfairer:thepastorthepresent?

Scenario 12

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Comedian and writer Alexei Sayle admits he doesn’tknowmuchaboutmoney.Headmitshedoesn’treallyunderstandhowpensionsandinvestments work.

• Isitimportanttounderstandmoney?

• CouldAlexeifindhimselfinfinancialtroubleone daydoyouthink?

• Howmuchdoyouknowaboutthingslike pensions?

Scenario 13

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Lady GagahastoldaUKmagazinethatshedoesn’tcareaboutmoneyandit’s‘boring toher’.Shesaiditmeansnothing,exceptitfeedsherart.Shesaysshemakesalotofmoney but she doesn’t want to own flash cars.

• IsLadyGagarightnottocareaboutmoney?

• Whydosomerichpeoplespendmoneyon flashcars?

• DoyouthinkLadyGaga’sattitudetomoneywill changeinthefuture?

Scenario 14

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

BestsellingauthorJ.K. Rowling says that she worriesaboutmoneyandstillfeelslikethepoorsinglemumsheoncewas.Thisisdespitemakingabilliondollarsfrombooks,filmsandHarryPotter merchandise.

• Whydoyouthinksomeverywealthypeople worryaboutmoney?

• Manypeopledreamofbecomingsuddenlyrich– howoftendoesithappen?

• Howcanpeopleonordinaryincomesavoidmoney worries?

Scenario 15

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

PopstarJustin Bieber admits that when he was 16hereceivedanallowanceofjust$50(£31)adayfromhismotherbecauseshewantedhimtolearnhowtobesmartwithhismoney.Heknewthatifhesavedhisallowanceforaweekthenhecouldspenditonsomethingspecial.

• Isthisfair?

• Howwouldyoumakeacaseformorespending moneyifyouwereJustin?

• Issavingforthefutureawisemove?

Scenario 16

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

OlympicheptathlonchampionJessica Ennis-Hill CBE says she’s both a saver and aspender.TheGBathletebelievesthatit’simportantwhenyouworkhardforyourmoneythatyoushouldenjoyit,butsensibly.Sheadmitstoenjoyingtreatingherselfalongwithherfriendsandfamily,butshealsothinksit’simportanttosaveyourmoneyandmanageitsensibly.

• Areyouaspender,asaverorboth?

• Whichisitbesttobe?

• WhatdoyouthinkJessmeansby‘manageit sensibly’attheend?

Scenario 17

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Rochelle HumesofthegirlgroupTheSaturdaysthinksthatit’simportantnottospendtoomuchofwhatyouearnandhasalwaystriedtosaveaquarterofhermonthlywages.

• Doyouagreewithher?

• Howeasyisittosaveaquarterofyourwages?

• Doyousaveanyofyourincome?

Scenario18

Manage money activity sheet:

Adapted and translated from pfeg My Money materials – subject to Crown copyright, reproduced with permission, sublicensed by pfeg 2013 www.pfeg.org/resources

Emma Watson,staroftheHarryPotterfilms,confessedthatshehadnoideahowmuchmoney she had earned and admitted that by the thirdorfourthfilm,themoneywasstartingtogetserious.

Theyoungactressdecidedtosignupforacourseatabanktolearnhowtomanagehermoney.

• Isitimportanttoknowaboutyourpersonal finances?

• WasEmmarighttogetadvicefromabank?

• Ifyouhadlotsofmoneytoputawayforthefuture, whatwouldyoudowithit?

Scenario 19