Class 9 Financial Education for Class 9
Class 9 Money- what it is ?- Definition of money
- Functions of money
- Types of money (cash, digital, etc.)
Class 9 Money- Exchange Systems- Barter system
- Evolution of money
- Modern exchange systems (online transactions, credit cards, etc.)
Class 9 Key Characteristics of Money- Durability
- Portability
- Divisibility
- Uniformity
- Limited supply
Class 9 What is Financial Planning ?- Definition of financial planning
- Importance of financial planning
- Steps involved in financial planning
Class 9 What is Income ?- Sources of income
- Regular income vs. irregular income
- Importance of managing income effectively
Class 9 What is Expenses ?- Types of expenses
- Differentiating between needs and wants
- Managing expenses within income
Class 9 What is Bank ?- Functions of a bank
- Types of accounts offered by banks
- Importance of saving money in a bank
Class 9 Why Save ?- Importance of savings
- Benefits of saving money
- Ways to cultivate a saving habit
Class 9 Setting Goals ?- Importance of setting financial goals
- Short-term vs. long-term goals
- Strategies for achieving financial goals
Class 9 Systematic Savings and Investments- Importance of systematic savings
- Different investment options for teens
- Risks and benefits of investments
Class 9 Making a budget- Importance of budgeting
- Steps to create a budget
- Tracking expenses and adjusting budget as needed
By following this detailed syllabus, Class 9 students will gain a strong foundation in financial education and develop essential money management skills for the future.
This course is helpful for the following exams: Class 9