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What is Money?

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What is Money?

What is Money?

Money and coins illustration

💰 Part 1: Understanding Money

1. What is money? Write your definition below:
2. Circle the main functions of money (multiple selection):

Medium of exchange (buying and selling)

Store of value (saving for later)

Unit of account (measuring worth)

Making people happy

Decoration for your room

3. Before money existed, how did people trade goods and services?

🏦 Part 2: Types of Money

4. Match each type of money with its description:
1. Coins
2. Banknotes
3. Digital money
4. Credit cards
A. Paper money issued by the Reserve Bank
B. Electronic payments and online banking
C. Metal currency in small denominations
D. Plastic cards that let you borrow money
5. Which of these is NOT legal tender in New Zealand?

$50 note

50 cent coin

Australian dollar

$5 note

💵 Part 3: New Zealand Currency

6. Fill in the blanks about New Zealand money:

New Zealand's currency is called the ____________. Our coins come in denominations of _____ cents, _____ cents, _____ cents, $1, and $___. Our banknotes include $5, $10, $20, $50, and $_______ notes.

7. Draw and label the New Zealand coins from smallest to largest value:
8. What important New Zealanders and symbols appear on our money?

🧮 Part 4: Money Calculations

9. Calculate the total value of these coins:

3 × $2 coins + 5 × $1 coins + 8 × 50¢ coins + 12 × 20¢ coins + 6 × 10¢ coins

10. You want to buy a game that costs $89.99. You have saved $67.50. How much more do you need?
11. If you earn $15 per hour working part-time and work 8 hours per week, how much would you earn in a month (4 weeks)?

🎯 Part 5: Value and Decision Making

12. Rank these items from most valuable to least valuable to YOU personally (1 = most valuable, 5 = least valuable):

_____ A new smartphone ($800)

_____ A week's worth of lunch money ($50)

_____ A concert ticket to see your favourite artist ($120)

_____ New school shoes ($150)

_____ Saving money for university ($800)

13. Explain why the most expensive item might not always be the most valuable to you:
14. You receive $100 for your birthday. Check all the smart money choices:

Spend it all immediately on lollies

Save half and spend half

Put it all in a savings account

Buy something you've been wanting for months

Give some to charity and keep the rest

🌟 Part 6: Fun Money Challenge

15. Design your own $100 banknote! Draw what would be on it and explain your choices:
What person, animal, or symbol would you put on your note and why?
16. If money didn't exist, what would you use instead? Be creative!
17. True or False: Money can buy happiness.

True

False

Sometimes
Explain your answer:

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