Real world example- Using cash, credit cards and mobile payment such as Apple Pay, cash ap or PayPal

Pros-

• Easy to buy and sell things

• Everyone knows and accepts it

• faster than trading stuff

Cons-

• If money loses value, it buys less

• Fake money can trick people

• Doesn’t always work in every country

Real world example- Puting coins or bills in a piggy bank to buy toys or games

Pros-

• You can save now and spend later

• Keeps value better than food or goods that spoil

Cons-

• Prices can go up

• If lost or stolen savings are gone

Real world Ex- A video game costs $50 and a toy costs $25

Pros-

• Makes prices easy to understand

• Helps compare value of different things

Cons-

• If money changes value prices gets confusing

• Different countries use different money

Pros-

• More hours= more money

• Good for part time jobs

Cons-

• If you don’t work you don’t get paid

• Pay can be low for some jobs

Pros:

• Steady, predictable paychecks

• Often comes with benefits

Cons:

• Might work extra hours without extra pay

• Raises may be slow

• 
  

Pros:

• Can earn more than your wage if tips are good

• Reward for working hard and being friendly

Cons:

• Not guaranteed some days tips are low

• Depends on the mood of a customer

Pros:

• Freedom to choose work

• Can earn more if successful

Cons: No benefits

Must pay your own taxes

Pros:

• You make money without working

• Can grow if you invest in good companies

Cons:

• Not guaranteed every year

• Depends on company profits

  
  

Pros:

• Can make big money if prices go up

• Doesn’t require constant work

Cons:

• Risk of losing money if prices go down

• Taxes may be high

Pros:

• Can grow fast if value goes up

• Works worldwide, not just one country

Cons:

• Very risky value goes up and down a lot

• Not everyone accepts it as money