Chapter 3: Money
What you need to learn in this chapter
In this chapter, we will be learning about money and how to work with it. We will start by learning how to add different amounts of money together, up to RM100,000. We will also learn how to subtract money and solve number sentences that involve both addition and subtraction.
Next, we will learn about financial management. This means we will learn how to plan our budget for different time periods, like daily, weekly, and monthly. We will also learn how to set short-term financial goals and work towards achieving them.
Lastly, we will learn about responsibility in making financial decisions. We will learn how our decisions can affect our finances and how to make decisions by analyzing information from different sources. It's important to make smart choices with our money, and this chapter will teach us how to do that.
Topics in this chapter
1. Basic operations involving money
What you will learn in this topic
- Solve addition number sentences involving up to three values of money with the sum up to RM100 000
- Solve subtraction number sentences involving up to two values of money from one value of money within RM100 000
- Solve multiplication number sentences involving value of money multiplied by up to two-digit numbers with the product up to RM100 000
- Solve division number sentences involving value of money within RM100 000 divided by up to two-digit numbers
2. Mixed operations involving money
What you will learn in this topic
- Solve number sentences of mixed operations involving addition and subtraction of money within RM100 000
- Solve number sentences of mixed operations involving multiplication and division of money within RM100 000
3. Financial management
What you will learn in this topic
- Plan daily, weekly and monthly budget to achieve short-term financial target
- Record savings and expenses to achieve financial target
- Explain the need for keeping records on savings and expenses.
4. Responsibility in making financial decisions
What you will learn in this topic
- Explain effect of making financial decisions
- Make financial decisions based on priority of needs and wants
- Make financial decisions by analysing financial information obtained from various sources
5. Foreign currency
What you will learn in this topic
- Recognise currency of main countries in the world
- State the value of RM1 in the current rate currency of other countries
6. Payment instruments
What you will learn in this topic
- Recognise various payment instruments
- Explain the usage of various payment instruments in goods and service transactions
7. Problem solving
What you will learn in this topic
- Solve problems of basic operations and mixed operations within RM100 000 in daily life situations
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