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Fun Facts About Money
Learn more about money
What is money?
Money is a medium of exchange used to purchase goods and services such as food, clothing, shelter, and transportation.
What is the history of Trinidad & Tobago's money?
Trinidadian notes replaced those issued by the British Caribbean Currency Board (BCCB) which had been in circulation throughout the British colonies of the Eastern Caribbean.
What is the history of Trinidad & Tobago's money?
THe first issue of currency notes by the Central Bank of Trinidad & Tobago went into circulation on December 14, 1964.
Did you Know?
The first currency issued in Trinidad & Tobago was the Spanish Dollar, also known as “pieces of eight” which began circulating in the 16th century.
Forms of Money
Money exists in various forms such as cash (notes and coins), cheques (paper), as well as credit and debit cards.
Needs & Wants
A need is something that persons must have to live and cannot do without. Some examples of needs are food, clothing, medicine and shelter. It’s important to spend money on the things we need first.
Needs & Wants
A want is something that persons simply want to have but can survive without. For example, wants are expensive toys and games such as a PS5 or XBox.
Games
About the Central Bank’s National Financial Literacy Programme
Pennacool is proud to partner with the Central Bank of Trinidad and Tobago to bring financial literacy to primary school students across Trinidad and Tobago. Through this microsite, students can explore interactive activities and games that teach important money skills such as saving, budgeting, smart spending, and entrepreneurship. These resources are part of the Central Bank’s National Financial Literacy Programme (NFLP), which aims to help individuals develop the knowledge and confidence needed to make sound financial decisions. By combining the Central Bank’s trusted financial literacy expertise with Pennacool’s engaging learning platform, this initiative helps students build smart money habits early and develop skills that will benefit them throughout their lives.
