background preloader

Money Management

Facebook Twitter

SPENT. MMTM - Online banking simulator. Welcome to our online banking simulator, which aims to help you get to grips with online banking. Each bank and building society offering online banking has its own website. These will differ from the Money Matters to Me online banking simulator but most should be easy to understand and use once you have practiced with our simulator. Log in details When you bank online your bank or building society will give you all the information you need to access your account. They will probably send you this information in more than one letter to prevent anyone getting hold of your details if a letter should be lost in the post. You’ll also be asked to create a password and other details such as a memorable phrase. Interactive ATM - cash machine simulator. Budgeting. Budgeting means managing your spending so it is not more than your income.

So, if you have £200 of income a week you should try not to spend more than £200. Before looking at your own budget try this one for fun. Mr & Mrs Smith's budget Mr and Ms Smith have one child of school age and a weekly income of £200. Which of the following items would they need to budget for? Think about which items are most important.

And remember – they can only spend the money they have. Activity: Drag 8 of the 10 items you feel are most important from the left to a free slot on the right. Personal budget Activity: Now type in your own details: You can add your own headings next to 'other1' etc on the 'income' column and also name your own headings under the 'outgoings' column To draw up a more detailed budget for yourself try our Budgeter in the Workshops section. Activity: Things that I need – things that I want Everybody needs a roof over their head as well as food and clothes. So what do you need? Interactive workshops. Activities. Students. Ulster Bank MoneySense for Schools - Branch services. Nationwide Education - Home.

Hands on Banking®