Financial Literacy

Wednesday 18th November 2015

On Monday a lady called Rachel came and taught us about saving. But I wasn't there, but lucky she came again today and taught us about credit and she's coming again on Friday. First she told us about what she was talking about today. Then she wrote on the board who and what we would lend. First she asked us if we would lend a pencil to  our family. Then again if we should lend our favorite DVD to someone in our family.

She asked us if we would lend five dollars to someone in our family. Last she asked if we would lend our phone to someone in our family. After that she asked us if we would lend the same things to our best friend. Then last if we would lend those things to complete strangers. After that she told us that she would chose four students to do a skit.

Keti,Baden,Voni and Alisi put up there hand and asked her if they could do the skits. The first skit was about responsible lending. The one after that was one about lending  money and giving it back the when you said you would. The next one was about a not reasonable friend wreaking the DVD her friend had lended to her.

After that she talked about credit and what it is. Next about loans and how they work. After that she asked us about how we would pay back the money we owed. Last she gave us two papers we were supposed to fill in the words on the first paper witch was about saving money. The second one was about who we think is credit worthy. After that we were finished and she said that she was coming again on Friday to speak t us about something else.