How can we pay for things?

In this lesson, we will explore the different ways in which we can purchase and pay for goods and services. We consider the different payment methods available, including cash, online payment such as Paypal and Apple/Android Pay, debit and credit. We then look at practical steps to creating a budget and how this enables us to plan and manage money well.

This quiz includes images that don't have any alt text - please contact your teacher who should be able to help you with an audio description.

Quiz:

Intro quiz - Recap from previous lesson

Before we start this lesson, let’s see what you can remember from this topic. Here’s a quick quiz!

Q1.What was the first version of currency used in China?

1/5

Q2.What phrase on a bank note refers to the "Gold Standard"?

2/5

Q3.What is a Jam-Jar account?

3/5

Q4.What is an investment?

4/5

Q5.What is financial responsibility?

5/5

This quiz includes images that don't have any alt text - please contact your teacher who should be able to help you with an audio description.

Quiz:

Intro quiz - Recap from previous lesson

Before we start this lesson, let’s see what you can remember from this topic. Here’s a quick quiz!

Q1.What was the first version of currency used in China?

1/5

Q2.What phrase on a bank note refers to the "Gold Standard"?

2/5

Q3.What is a Jam-Jar account?

3/5

Q4.What is an investment?

4/5

Q5.What is financial responsibility?

5/5

Video

Click on the play button to start the video. If your teacher asks you to pause the video and look at the worksheet you should:

  • Click "Close Video"
  • Click "Next" to view the activity

Your video will re-appear on the next page, and will stay paused in the right place.

This quiz includes images that don't have any alt text - please contact your teacher who should be able to help you with an audio description.

Quiz:

How can we pay for things?

Assess what you learnt in your lesson today by completing the quiz below. Don't forget to click 'get your score' at the end. Good luck!

Q1.When was the first credit card invented?

1/5

Q2.Which type of payment takes money directly from your bank account?

2/5

Q3.What is affordability?

3/5

Q4.What colour is the suitcase which holds the government budget?

4/5

Q5.Who is in charge of the treasury?

5/5

This quiz includes images that don't have any alt text - please contact your teacher who should be able to help you with an audio description.

Quiz:

How can we pay for things?

Assess what you learnt in your lesson today by completing the quiz below. Don't forget to click 'get your score' at the end. Good luck!

Q1.When was the first credit card invented?

1/5

Q2.Which type of payment takes money directly from your bank account?

2/5

Q3.What is affordability?

3/5

Q4.What colour is the suitcase which holds the government budget?

4/5

Q5.Who is in charge of the treasury?

5/5

Lesson summary: How can we pay for things?

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Time to move!

Did you know that exercise helps your concentration and ability to learn?

For 5 mins...

Move around:
Jog

On the spot:
Dance