Finance

​ Show me the money!!

These are the current borrowing rates from a selection of high street banks

• Barclays 22.9% APR

• Lloyds 24.9% APR

• Natwest 19.9% APR

• Santander 13.6% APR

Multiple Choice

APR stands for ....?

• Annual Percentage Rate

• Approximate Percentage Rate

• Annual Progress Rate

• Actual Progress Rate

​Can you afford to move out?

​	​1-2 bed flat	3-4 bed flat​
​Gas	​£77	£112​
​Electricity	​£65	£96​
​Water	​£35	£40​

Poll

Should you get a free Tv licence if you are over 70?

• Yes

• No

​Bills that need paying

TV Licence £159 a year

Digital or Satellite TV

Broadband

Mobile phone

loans/credit cards

Car/Travel expenses

Food/Clothes

Gym

Childcare

​Rent per month	​
​council tax	​
​Gas	​
​water	​
Electricity​	​
TV​ Licence	​
Phone​	​
​Hobbies	​
Food​	​
Travel​ Bus/Moped/Car	​
Sky TV​	​
​Clothes	​

​Let's do the maths

Add £200 to the Monthly costs

Total divided by 4 = weekly

weekly divided by 37 (hours) = hourly rate

Multiple Choice

What will be the minimum wage for a 17 year old in April?

• £4.28

• £5.28

• £5.78

• £4.98

Multiple Choice

What is the current minimum wage for an apprentice in the first year?

• £5.81

• £3.81

• £4.81

• £6.81

Multiple Choice

How much is the state pension now per week?

• £20.85

• £203.85

• £185.85

• £125.85

Multiple Choice

Which British Value have we included in todays session?

• Rule of Law

• Democracy

• Respect & Tolerance

• Individual Liberty