Be Amazed At The Multicultural Festival!

WALT: Make a poster to persuade people to come to the PCS Multicultural Festival. Come along and be amazed!

ASB Money!

Money

There are two types of money. No, it’s not dollar bills and cents. It’s visible money and invisible money. Visible money is money you can see. For example, if you go to the store and it's cash only, you pay the cash that you can see to the cashier. Invisible money is money that you can’t see. Example: If you go to the shop and you can’t pay cash, you use a credit card or a debit card.

How do you pay with credit/debit cards?

The answer to that is eftpos machines. When you are at the store and you (or anyone) is paying for something, you should see a machine where you swipe a card on. Now you should be quite familiar with these. The way they work is you swipe your card, and type your pin code. Your pin code is like a password, so nobody but you know it. Your pin allows the money to be paid electronically. The money will go straight to the shopkeeper. So now the amount of money you paid has been taken off your credit/debit card.

Do we use credit and debit for buying things?

Yes, you do. But, you should NOT use your credit card on buying things like a playstation because those cost a lot of money. And, you have to pay that same amount back. That’s quite a lot of money. Debit cards are better for things like playstations because you're not paying it back. Credit should only be used for things you need like food, clothes and more.