Personal Finance and Resource Management · Personal Finance

Budgeting and Saving

Practical approaches to managing income, tracking expenses, and understanding the power of compound interest.

Key Questions

  1. 1How does the time value of money influence the decision to save today versus consume today?
  2. 2What are the long term consequences of failing to distinguish between needs and wants in a budget?
  3. 3How can individuals use the concept of opportunity cost to improve their personal financial health?

MOE Syllabus Outcomes

MOE: Financial Literacy and Resource Management - S3
Level: Secondary 3
Subject: Economics
Unit: Personal Finance and Resource Management
Period: Personal Finance

Suggested Methodologies

Ready to teach this topic?

Generate a complete, classroom-ready active learning mission in seconds.

Generate a Custom MissionBrowse Lesson Plan Templates

More in Personal Finance and Resource Management

Credit and Debt Management

Evaluating the costs and benefits of using credit and the implications of high interest debt.

2 methodologies

Investment and Risk

Introduction to different asset classes and the relationship between risk and potential return.

2 methodologies

Browse curriculum by country

AmericasUSCAMXCLCOBR
EuropeUKIEFRDEESITNLPTSE
Asia & PacificINSGAU