Thursday 5 July 2018

Being money smart

Jaydon from the ASB bank came to our classroom yesterday
afternoon.I learnt about visible money.Visible money means the coins and notes.After that I learnt about eftpos and credit cards.
Money in the eftpos belongs to me and credit cards belong to the
banks.If you use a lot of credit cards  to buy you have to pay the money that you borrow.If you don’t pay the money back on time  the bank is going to charge you interest.
When I do chores I can earn money and save it in the bank.
When my family goes shopping I’m going to do this
STWLFGD.It stands for Stop The Wheels Look For Good Deals.
Good deals in the shops helps me save money.

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