The Value of Math: Money and Time · Measurement and Algebra

Financial Planning and Budgets

Creating simple budgets and calculating GST and discounts.

Key Questions

  1. 1Why is it important to distinguish between needs and wants when creating a budget?
  2. 2How do taxes like GST contribute to the functioning of a community?
  3. 3What is the most effective way to compare value for money between two different sized products?

ACARA Content Descriptions

AC9M5N08
Year: Year 5
Subject: Mathematics
Unit: The Value of Math: Money and Time
Period: Measurement and Algebra

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