Money and business

2. SAVING ACCOUNTS
You put your money
into the account, and
the bank pays
interest on it.
INVESTING MONEY
When you invest, you
buy something to sell
it later for more
money (shares or
bonds)
MONEY BOX
Yoy can put money
into a money box
whenever you want.

3. Ways of spend money
CASH
CREDIT CARDS
The bank lend us
money and we pay it
back later.
We pay interest to the
bank.
DEBIT CARDS
The money leaves our
bank account
inmmediately.

4. We spend money on consumer products and
services
Where do we spend money?
- Town centres
- Shopping centres
- The Internet
HIGH ORDER PRODUCTS
-They have a high price (cars,
houses, fridges, computers…)
-We don`t buy them regularly.
LOW ORDER PRODUCTS
-They have a lower price (food,
drinks, medicines…)
-We buy them regularly.

5. It`s the amount of money that we have to
spend.
Examples: household budget, business
budget

6. SOLE
TRADER
One person
owns and directs
his or her
Company.
PARTNERSHIP
Two or more people
own and direct the
company together.
COOPERATIV
E
All the people working in
the company are
owners.
CORPORATION
It is owned by the people
who have shares in the
company.