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Wednesday, November 22, 2017

ASB banking

GARRY
ASB
Auckland

- Air flight ( $300 or $500)
- Motel ( $100, $300 or $500)
- Food ($200)
- Insurance ($200)
- Passport ( $200)
- Interest
- Tax

Today this man named Garry had come into our class and talked to us about how to save and spend. When you save and spend, you have to be wise on what you spend and what you save.

Garry asked if we wanted to play and game. There was five goups and each group got given $1200 ( fake) and each group had to decide to use a credit card to pay in cash. We had been asked some questions and if you answer it straight away and not wait, the money that you have to pay becomes more and more.

So while each group was figuring out what one that they wanted to use, they found it difficult to answer, if it was going to be credit card or not.

So we finidGARRY
ASB
Auckland


- Air flight ( $300 or $500)
- Motel ( $100, $300 or $500)
- Food ($200)
- Insurance ($200)
- Passport ( $200)
- Interest
- Tax

Today this man named Garry had come into our class and talked to us about how to save and spend. When you save and spend, you have to be wise on what you spend and what you save.
Garry asked if we wanted to play and game. There was five goups and each group got given $1200 ( fake) and each group had to decide to use a credit card to pay in cash. We had been asked some questions and if you answer it straight away and not wait, the money that you have to pay becomes more and more.

So while we were playing the game he gave each team $1200 so the first thing we had to pay for the holiday was the flight. If you wanted to you could go on the premium flight or the 1st class but here is the twist, if you were to go on the premium flight then you would have to pay $300 but if you were to go on 1st class then you'll have to pay $500. Me and my buddy decided to go with the premium class because we didn't want to pay more than $300, but my buddy decided to go with credit card and we didn't know what was about to happen. Down below are the rest of the things we had to pay for.

So we finished the game and each ground ended up with:

Group 1 : $0

Group 2 (Me) : $200

Group 3 : $0

Group 4 : $200

Group 5 : $100

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