SOCIAL STUDIES HOMEPACK LEARNING (YEAR 6)

Name: Class: Date: 13th April – 18th April 2020

PLANNING OUR MONEY

Note to the Parents: Please assist your child to read Social Studies Textbook page
46 – 60 Chapter 5 Planning Our Money before answer the questions below. This
chapter is about money planning & budgeting.

Write down your answers in COMPLETE SENTENCES

1. What is Money?
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2. Give two examples on the uses of Money
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3. What is barter?
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4. Give two examples on how Barter system work?
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5. What is the problem with Barter system?
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6. Where does money come from? Give three examples
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7. Explain the meaning of Salary
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8. Have you ever earn money from doing chores or other services? Can you give
examples from your own experience?
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9. What is Budgeting?
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10. Why is budgeting is important?
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11. Can you provide an example how would you plan your money usage through
budgeting?
My Budget Planning for Every Months
Income

Allowance: $ .

Others: $ .

Total: $ .

Expenses

Food for canteen: $ .

Stationery: $ .

Story-books: $ .

Hobbies: $ .

Charity: $ .

Others: $ .

Total expenses: $ .

Savings: $ .

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