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Good morning everyone,

Welcome back to week 5 of home learning! I hope you had a lovely weekend and fitted in plenty of exercise and fun activities.

Happy Monday!

Mrs Muir 😊

Groups 1 and 2
Welcome back to Maths Monday! This week, we are going to start a new area of learning – money and budgeting. This fits in nicely with the work you have been completing about decimals because when we see money in this format £14.99, it is using the decimal system. Today, we are going to start to look at the following ideas –
  • What is a budget?
  • Why is it important?
  • How does a bank statement work?
  • How can we budget our money and save up for things we need or want?
A budget is an amount we can set which depends on how much money we have and how much we can afford to spend. For instance, it wouldn’t be sensible to set a budget of £30,000 for a car when we cannot afford to pay for it. There is a lot to consider when setting a budget – which things are needs and which are things we want?

Task 1
Think about your family - make a list of things you buy or pay for – which of these are things you need (for instance – electricity, food) and which are things you want (for example – a new game).

Task 2
In your jotter or on paper, complete Textbook page 68. This page is about whether or not you will have enough money to buy something. You will need to use your maths skills to work out the answers. Remember to show your working out and use a ruler to set your work out neatly.

Task 3
Make up your own worksheet filled with budgeting problems. You can use the textbook page above as a guide. Remember to work out the answers too! You can share these with us on Teams or by email.

Task 4
Now, we will be learning all about bank statements. You always have a sort code and account number for your bank – this is your account’s identity. You may also have a card for your account and a pin number to keep it safe. You will see that there are three columns in (money coming into your account), out (money leaving your account to pay someone or something) and balance – this is how much money you have after money has come in or been taken out. Amounts of money coming in or going out of your account are called transactions. There is often an account summary on your statement which shows you how much money was paid in and out, the opening balance (how much you started the month with) and the closing balance (how much was in the account at the end of the month).

Complete either ‘Bank Statement 1’ or ‘Bank Statement 2’. Pick the one that will give you a challenge but will still be manageable. You can write out the answers if you can’t print the sheet. In 1 – it is clear where there are amounts missing – in 2, the numbers are a little harder and you have to work out what information is missing!

Afternoon Learning
Create a game for two or four people to play based on money or budgets.

If you have finished the tasks by the afternoon slot, use the time to practise your times tables, spend 20 minutes on Sumdog or Number Gym or create a poster about your learning.

Complete the ‘Good or bad deal’ worksheet.

If you didn’t try this last week, go to https://nrich.maths.org/content/id/7468/RS%20Factor%20Track.pdf and try out this game. You can play it on your own or with a partner.

Try out some of May’s daily maths challenges.

Log onto Lexia and complete your 20 minute slot. The teacher address you will need is kaye.armitage@fife.gov.uk

Try this week’s task in the Taskmaster channel on teams.

Something a bit different – keep practising your French language skills - https://www.bbc.co.uk/bitesize/subjects/z39d7ty
or get busy with science! - https://www.bbc.co.uk/bitesize/articles/zky3bdm (check with an adult for the final activity!)


Extras

Today’s brainteaser – Change the order of these letters to reveal a word – clue – a subject! Y G O A P H G E R

*The answer to Friday’s maths puzzle – 2700

A joke to start off this week –
When does Monday come before Sunday?
In the dictionary!
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