Mathematics / Year 5 / Number and Algebra / Money and financial mathematics

View on Australian Curriculum website Australian Curriculum, Assessment and Reporting Authority
Curriculum content descriptions

Create simple financial plans (ACMNA106)

Elaborations
  • creating a simple budget for a class fundraising event
  • identifying the GST component of invoices and receipts
General capabilities
  • Literacy Literacy
  • Numeracy Numeracy
  • Critical and creative thinking Critical and creative thinking
ScOT terms

Budgeting

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Year level 5-6
Resource type
Learning area Mathematics
Interactive Resource

MoneySmart: helping out

This is an activity about making choices to raise money for imaginary animals called gumbutangs. Their habitat is being eradicated and something must be done to save them. The user's first choice is between two websites, one a trusted one, the other a scam site. Then they are given choices about how to raise money for the ...

Interactive Resource

MoneySmart: Party time

This learning object helps students to create a simple financial plan. Students create a plan for a party within an allocated budget. Students can choose between items of different values including food, drinks, decorations, entertainment and prizes. The learning object comes with teacher and parent notes.

Interactive resource

Fish tank: business start-up

Breed fish to sell at a pet market. Start with two fish and a tank. Examine the costs of food and equipment. Buy items to help take care of the fish and the tank. Think about the business impact of each purchase. Budget to increase stock and maximise profit.

Tablet friendly (Interactive resource)

Fish market: explore trading

Buy and sell fish in trading markets in a range of Australian and New Zealand cities. Compare market prices, supply and demand. Explore a range of traders to find the best deals and open up new markets. Find a rare fish. Maximise your profit and reputation as a smart trader. This learning object is the first in a series ...

Interactive Resource

MoneySmart: Fun Day Out

This learning object helps students to create a simple financial plan. Students create a plan for a class excursion within a budget of $25.00 per head. Students choose between three excursions and then select items of different values including mode of travel, food and activities to keep within their budget. The learning ...

Teacher resource

Design and Make a Financial Plan for a Market Garden

This is a teacher guide providing suggestions for Maths activities based on designing a sustainable market garden and developing a budget for creating and maintaining the market garden as a profitable enterprise. It highlights the need for researching factors such as crop growing conditions and sales potential, and provides ...

Teacher resource

MoneySmart: Maths for primary teachers - online professional development module

ASIC's MoneySmart Maths for primary teachers is an online professional development module which explores authentic learning for students through money and financial mathematics and aligns to the Australian Professional Standards for Teachers. The module will assist teachers to make learning more meaningful for their students, ...

Teacher resource

MoneySmart: Hey! Let's have a big day out!

This is a year 5 mathematics unit of work about costing and budgeting for various types of family outings. The unit is intended to take about 7.5 hours of teaching and learning time, and is recommended for near the end of the school year. It consists of an introduction, five sets of student activities, and teacher notes ...

Moving Image

Super Cyril's circus supplies

Do you know how to draw up a budget? Find out how it's done. In our example our host is throwing a circus party and has $100 to spend. See how he plans to spend the money. Throw in a few discounts of 10% and 50% and look what he can afford. Does he mange to stick to his budget?

Interactive Resource

MoneySmart: MilbaDjunga - primary unit

This is a 5-6 unit of work about prioritising needs and wants, managing finances, and operating a classroom economy. Intended for Aboriginal and Torres Strait Islander students, the unit is organised around the stories of John (a boy at Yarrabah), Tom (an Elder) and Alice (a professional working in Perth). They provide ...

Moving Image

Calculating yearly rent

How much does it cost to rent year after year? For some families it can be a struggle to find suitable rental accommodation. The clip provides a context to explore budgeting and in particular calculating yearly rent and the impact of percentage increases in rents over time.

Teacher resource

Welcome to Victoria

In this learning sequence, students undertake research in order to create tour packs for families visiting Victoria. Students use public transport and tourism websites to develop itineraries outlining ways in which families can visit at least two places of interest using public transport. The packs include: information ...

Interactive Resource

TrackMySPEND - iTunes app

Track your personal expenses against your budget. Keep track of what you are spending your money on. Free when reviewed on 12/5/2015.

Interactive Resource

TrackMySPEND - Google Play app

Track your personal expenses against your budget. Keep track of what you are spending your money on. Free when reviewed on 12/5/2015.

Collection

Mixed-Up Maths

Join our host, Ed, as he finds himself in all types of situations where only his knowledge of Maths can help him. From saving the planet from Aliens, to creating a superhero that can stop a strawberry milkshake tidal wave. From searching for buried treasure, to jumping like a daredevil, or planning the greatest circus party ...

Collection

Financial maths – purchasing and pricing

This collection of 20 digital curriculum resources is organised into four categories: purchasing within a budget; budgeting and profit-making; purchasing and best buys; and pricing and production volume. In these interactive learning objects, students are encouraged to make decisions in regard to financial situations and ...

Interactive Resource

MoneySmart: calls, messaging and browsing

This is an activity about managing a prepaid mobile phone plan. It contains six sliders allowing users to estimate the number of contacts they have on the same network, and adjust the number of calls, SMS messages and voicemails they make, websites they visit, and apps, games, videos and so on that they download or upload. ...

Teacher resource

MoneySmart: Teaching resources for primary schools

This is a suite of financial literacy education resources for teacher and parent use, developed by the Australian Securities and Investments Commission (ASIC). MoneySmart Teaching Foundation to Year 6 primary school resources are aligned to the Australian Curriculum and the National Consumer and Financial Literacy Framework. ...

Teacher resource

MoneySmart: Never too young to be MoneySmart with clothes

In ASIC's MoneySmart Teaching Never too young to be MoneySmart with clothes students will investigate the influences on 10 to 12 year old consumers when selecting clothes and accessories. Students will share stories about their choice of clothes and accessories and what influences them when making purchases. They will collect ...

Moving Image

MoneySmart Teaching videos

ASIC's MoneySmart Teaching videos is a suite of consumer and financial literacy videos focusing on five areas. Teacher professional development videos featuring experts, teachers, principals and kids discussing the importance and benefits of learning about money at school from an early age. Case studies focusing on interviews ...

Interactive resource

School canteen: two traders: level 1

Buy supplies online for a school canteen. Purchase given amounts of items such as bottles of orange juice and cheese sticks. For each item on the shopping list, check the prices and package sizes of two traders. Perform basic calculations to select the cheaper deal for each item. Compare the total cost of the items from ...