Financial Literacy

Monday 5th September 2016

Today two woman came over to our school to teach us about saving and how to spend well. First they told us their names and told us what they were doing here. Then they talked a little bit about savings and asked us if we knew what and how to save. Next they handed us a piece of paper with the amount money of money the person on the paper had. Next to it on the paper was a list of things that the person had spent their money on. We were tasked to see what things she could have done without to save more money. Most people said that she should have not Topped up or gone to the movies with snacks. But I that she shouldn't have brought themselves some new jeans because it costed a lot of money.

After that they gave us a new and bigger piece of paper. Then they put us into groups so that we could find ways to save and earn money. In my gorp was Chris,Alfred,Me and Danny Joe. We first wrote down ideas to earn money. I personally think that we had brilliant ideas but on the next activity we did not do as well. A Lemonade Stand, Garage Sale, Selling Clothes and Doing Chores were just some of the ideas that our group had. After that we had to chose something that all of us wanted to save up for and then make a plan of how we were going to save enough money to archive that goal. But we didn't that much so we hid our paper, but they said who ever didn't come up and speak will do it the next day. But a boy called Mosses included Danny Joe even though in the middle he went with us and then switched at the end when were weren't doing so good.

By Jayden.F