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# MATHEMATICS NOTES FOR FORM FOUR - ALL TOPICS

Schemes of Work 2024

IMPORTANCE OF MATHEMATICS IN OUR DAILY LIFE - PART 4

13. Math Helps You with Your Finances

Math is also helpful with your finance. With the help of math, you can easily make your financial budget. You can calculate how much money you have and how you can spend your money. Almost every single human in the world uses math for their finance. The salaried person uses math to calculate their expenses and salaries.

On the other hand, businessmen use math to calculate their profits and loss. They also use it to calculate their loans and many more. It highlights the importance of business mathematics and also plays a crucial role in business accounting.

14. Math develops flexible thinking and creativity

Practicing math has been shown to improve investigative skills, resourcefulness and creativity. This is because math problems often require us to bend our thinking and approach problems in more than one way. The first process we try might not work. We need flexibility and creativity to think of new pathways to the solution. And just like anything else, this way of thinking is strengthened with practice.

15. Math Helps in Budgeting Our Life

Daily, we must pay various expenses to get our essentials to survive. Without budgeting, we might become extravagant and spend entire pocket money on useless matters. Therefore, it becomes necessary to make a monthly budget to save money, and, of course, it is possible only with the help of math. We can calculate things and estimate them reasonably if we know math formulas. Hence math is essential to escape from spending excessive money and save it for the future.

16. Helps in Effective Decision Making

Math is the only subject that makes students confident to face the world. Math contains problems, and the correct equation solves these problems. Students have to decide which formula is accurate to solve the problems. This approach makes the students better decision-makers by adopting the right decision at the right time. In addition, this practice develops intellectual ability and a better sense of humour in the students.