Budgeting guide

 Hi Guys!

Recently in business studies class we have been learning about budgeting and I'm here to share some of my knowledge to you as the audience. This is my work on budgeting, This should help you learn a bit more on budgeting.

Budgeting guide.

Keywords for budgeting:

Use these words to help you understand the meanings of the words and the language used.

Budget: The money you have available to spend.

Surplus: When you have spent less than your budget.

Deficit: When you spend more than your budget.

Spend: When you buy something using money.

Savings: Having extra that you have not spent.

Wants: Something that is not a need and you want to have.

Needs: Something that is essential to your life.

Income: Money that you have coming into you or your bank account.

Finance: Money that you are in control of.

Price: The set cost an item or service has.

Fees: All the costs you need to pay.

Necessity: When something is required in a transaction or someone’s everyday life.

Exchange: A trade between person to person.

What is budgeting used for:

Budgeting is a very important thing that everyone should learn. This is used so you don’t go over budget

and get put into a deficit (which is when you spend more than you have). When you use a budget correctly you don’t have to worry about spending money that you may or may not have.

Why budgeting:

You should use budgets to know how much you actually spending. Say you have one hundred dollars

and you don’t pay attention to how much you are spending you could spend two hundred which is now

putting you in a deficit.

As you can tell having a budget is very important but there is still a lot of things that could happen out of

budget. Think of having a flat tire and you haven’t thought about that happening you could make a

savings account in your bank. What’s that you don’t want to put money in there for issues when your

saving for a holiday you could open emergency savings account so that you have the money you are

trying to save and the money you need for emergencies in different accounts.

What went well? I think I have showed my learning in a easy understandable way to help the audience know what I am really trying to teach them. What didn't go well: It wasn't the most creative piece of work but has heaps of information. Next time I will try to make it more creative when I show my work. Sites used: I have learnt this topic enough to not need to research for any help and information.

If you think I need to add anything or you want to learn more don't be afraid to tell me and give feedback.

Did you learn anything new with my work?

BYE!

Gymnastics

 Today in PE we were learning how to do different moves in gymnastics.

I choose to focus on doing a full turn on the bars and I have managed to complete my goal.

The main points on how to do this is to:

1. Get up on the bar. Hold the bar and get your waist to the bar.

2. Move on your stomach.

3. Roll over the bar.

put it together and get a full turn on the bars.

What it looks like: 

Thats how I learnt to do a full roll on the bars

Mixtures and Dissolving

Hi Guys

Mixtures: Mixtures are when two things are added together.

Dissolving: When an item combines with a liquid.

What factors effects rates of dissolving and why: Heat, stirring and surface area all speed up the time it takes for items to dissolving.

Solubles: Things that can dissolve in water.

Insoluble: Things that cant dissolve in water.

Aim: To find out the time it takes for sugar to dissolve in different situations.

Equipment: 2x Beakers, sugar, a small metal spatula, and water.

Method: This experiment has four parts to it so you can test the speed that it takes to dissolve and see the dissolving rate.

1. Pour 50mLs of cold water into a beaker and a spatula of sugar start a timer and stir. 

2. Pour 50mLs of hot water into a beaker and a spatula of sugar start a timer and stir. 

3. Pour 50mLs of cold water into a beaker and a spatula of sugar start a timer.

4. Pour 50mLs of hot into a beaker and a spatula of sugar start a timer.

Results: These times are the average and total times for all the groups in our class.

1. Total: 274 sec Average: 54 sec

2. Total: 119 sec Average: 29.75 sec

3. Total: 381 sec Average: 76.2 sec

4. Total: 819 sec Average: 163.8 sec

Discussion:

Our results made sense because the one that was the fastest combined two things that speed up the time of dissolving. This is because when you add heat and stir it add speed to the matter and it starts to dissolve.

The results also show that the one with nothing that affects the time it take to dissolve will end up as the slowest.

We started with sugar and water and at the end we end up with sugarwater.

BYE!

Budgeting Language Dictionary

 Hi Guys!

Today in class wee were given the task of making a budgeting language dictionary. This is where a bunch of words the relate to budgeting is explained.

Here is my work from today:

Words -

Budget: The money you have available to spend. This is connected to budgeting because you can spend

money if you don't have a limit this is important because it helps limit your odds of going into a deficit.

Surplus: When you have spent less than your budget. This is good because then you have extra money

for extra things you want.

Deficit: When you spend more than your budget.

Spend: When you buy something using money.

Savings: Having extra that you have not spent.

Wants: Something that is not a need and you want to have.

Needs: Something that is essential to your life.

Income: Money that you have coming into you or your bank account.

Finance: Money that you are in control of.

Price: The set cost an item or service has.

Fees: All the costs you need to pay.

Necessity: When something is required in a transaction or someone’s everyday life.

Exchange: A trade between person to person.

I think I did a good job because I added heaps of information to help people understand what they means by making it to its simplest form of language. I managed to learn the meaning of these words and didn't use any sites to help me with this task.

Hope you enjoy my work and now understand what I am teaching you.

BYE!