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Money9811kc

Date post: 06-Aug-2015
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MONEY BY KALUM
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  1. 1. BY KALUM
  2. 2. Contentsdebt and credits.long ago.how do we access our money.countries around the world.our notes.what does money look like.If I had $1000000 I would buy.
  3. 3. Contents
  4. 4. Long agoBefore money there wastrading or bartering. Peopletraded things or services ofequal value.Contents
  5. 5. How do we Access Money?Money is usually stored in a bank, buildingsociety etc. until we need it.We can get it out through: an ATM, creditcard, debit card, internet banking, chequebook, fill in a form at the bank, EFTPOS, loanetc.We can put money into a bank, buildingsociety etc. By: deposit at the bank, internetbanking, a cheque, payments of loans etc.Contents
  6. 6. Different countrieshave different pictureson their money.Different money canbe exchanged forother money.Currency valueschange.Why? Differentcountries tradedifferent things so the Contentscurrency changes.
  7. 7. Our notesWe have notes as in $5 dollar notes, $10 dollar notes, $20 dollarnotes, $50 dollar notes and $100 dollar notes.Contents
  8. 8. ContentsCoins-made of metal at a mint.Notes-made of plastic or paper.In most countries notes are rectangular andcoins are circular. Most money have pictures offamous people and the value of it on them.Coins usually have the date they were made onthem. Australian notes have a metal strip and ahologram or clear part on them so it is hard tocounterfeit.
  9. 9. ContentsBanks dont just store our money until we needit. They lend it out to other people. Thosepeople have to pay the money back and a bitmore. The extra is called interest. The bankpays interest to people who put money into it.
  10. 10. If I had $1000000 I would buy:ContentsWhat? How much money is it?A 4 wheeler motorbike.$3,995An I pad. $950.00A Lamborghini.$280,000A house.$500,000An Xbox 360.$250.00A Wii.$210.00A pistol cross-bow. $38.00