Monday, 17 May 2021

ASB Getwise | Money

 LI.To be wise with money 

Today Marlon from the ASB getwise program come to our school to teach us how to be wise with money and make good descisions in the future. We played a game in groups were we had to make descisions about buying a trip to fiji with a budget of 1,800 dollars. A passport now or later at a higher cost, economy flight ($500) were you get no food or drinks and no entertainment or first class ($800) were you get all things that you don't get in economy, Accomidation which is a resort by the ocean ($500)  + 100 foood ticket (optional) which will cover your trip for a week or a budget hotel with no food ($200), Travel insurance (optional $300), any money on a credit card (pay debt later), activites and food posioning which you have to pay a $2000 hosptital bill unless you have insurance. 

In the end my group ended up with $0 and 12 enjoyment points. One thing I learnt was credit cards use the banks money and can make you in debt if you don't pay the bank at the right time. 

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