Module 2 of 8
Understanding money in everyday life
Income, spending and inflation
Learning goal: “I know how accounts and payment methods work and what inflation does to my money.”
- Grade level
- grades 8 to 13
- Length per module
- approx. 45 minutes
- Cost
- none
What you learn in this module
- Monthly overview in three steps
- Fixed and variable costs
- Subscriptions and small purchases
- Interest on savings and loans
- Inflation
Example question
€1,000 overdrawn at 12 % interest. What does that cost after one year?