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Individuals who have the ability to apply knowledge, understanding, skills and values in consumer and financial contexts to make informed and effective decisions that have a positive impact on themselves, their families, the broader community and the environment

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Exchange rates,

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the process of understanding money, saving, spending, investing, depreciation, buying.

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Debit, Credit, having money, spending money, saving money , interest,

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purchasing
investing
budgeting

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Spending
Saving
Lending

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consumer literacy can be difficult to understand and quite boring

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1-money
Invest
Budget
$ currency
Values
Equations
% value

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budget
money
savings
expenses

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2.
Lending, debt, saving, budget, spending, Income,

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Money, budgeting, saving, spending, purchasing, finances, investing, buying,

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1. Knowledge and understanding of money and its uses

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Money, spending, saving, debt, investing, stocks and shares

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Budget
Finance
Invest

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Budget
Interest
Purchasing power

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Consumer and financial literacy

1. How would you describe consumer and financial literacy?

OR

2. List some terms associated with consumer and financial literacy

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This powerful digital animation by MoneySmart Teaching uses social trends and statistics to show the demands of the modern world on young people. https://www.moneysmart.gov.au/teaching

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Teaching mathematics using consumer and financial literacy

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MoneySmart Videos
Can I encourage you to view the following MoneySmart videos: The first discusses using consumer and financial literacy as a context for the delivery of mathematics to increase student engagement (@ 6mins)
The second offers a strong rational as to why we should teach financial literacy

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Curriculum Connections were recently added to the Australian Curriculum website
http://resources.australiancurriculum.edu.au/curriculum-connections/
Below is a word doc for Numeracy.

A reminder that the Resource Portal also provides other very useful information including Work Samples

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We mentioned Bloom's Taxonomy of Higher Order Thinking

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ATSIL Standard 6 for Professional Portfolio

Use evidence and the learning from this PD to meet Standards 6.1, 6.2, 6.3 & 6.4 !!!
Move your result from a 5 to a 7 HD.

Demonstrate how you can apply some of the information you gained from the PD in your next practicum and reflect on the outcome.
Btw there is a great AITSL Standards app with provision for the collection of evidence  http://www.aitsl.edu.au/australian-professional-standards-for-teachers/my-standards-application

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My contact details:
Deborah Al Hinai
Senior Project Officer, MoneySmart Teaching
State Schools - Performance
Department of Education and Training

P: 07 3513 5965 | E: deborah.alhinai@det.qld.gov.au | M: 0472 808 821
Level 15  | Education House | 30 Mary Street | Brisbane Qld 4000
PO Box 15033 | City East Qld 4002

Feel free to contact me for anything fin lit and if you are interested in developing a Classroom Economy or particpating in future studies please let me know.