Your Money Matters
- YOUR MONEY MATTERS CONTENTS
9 HOW TO USE THIS TEXTBOOK 11 SAVING 12 Savings 15 Interest 20 Savings accounts 24 Ways to save 28 Money and mental health 29 What have you learnt? 30 Further your knowledge MAKING THE MOST 33 OF YOUR MONEY 34 Spending 38 Ways to pay 40 Budgeting 43 Keeping track of your budget 45 Value for money 48 Know your rights 49 What have you learnt? 50 Further your knowledge 53 BORROWING 54 Borrowing and debt 56 Repayment, interest and APR 60 Making informed choices 62 Borrowing products 70 Manageable and unmanageable debt 71 What have you learnt? 72 Further your knowledge MOVING ON FROM 121 SECURITY & FRAUD SCHOOL – THE WORLD 75 OF WORK 122 What is fraud? 123 Identity theft 76 Next steps: apprenticeship 125 Key terms 76 Next steps: employment 126 Fake emails 78 Next steps: university 127 Online fraud 79 Student finance 131 How to protect yourself 81 Earnings 132 Online security 82 Payslips 134 Help available 84 Tax and National Insurance 136 Money mules 87 Self-employed 137 What have you learnt? 88 Methods of payment 138 Further your knowledge 89 Why do we pay Income Tax? 91 Pensions 141 GLOSSARY 94 Help for people on low incomes 95 What have you learnt? 96 Further your knowledge 99 RISK & REWARD 100 Types of personal financial risk 102 Attitudes to risk 103 Assessing risk 104 Investments 106 Gambling 110 Protecting yourself 112 Types of insurance 115 Other forms of protection against financial risk 117 What have you learnt? 118 Further your knowledge
