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Monday, 17 May 2021

ASB Get Wise

 LI: To learn how to be wiser with your money.

Today we had a Get Wise session from ASB with Marlon . First we talked about two main parts of when you have money, it was if you were going to spend or save your money. Second of all we were seperated into groups of 4 and 5. Then Marlon said to us tht we were going to play a game of how to be wiser with our money. Before we started the game Marlon told us the rules and how to play the game. First we had to think about how we were going to spend our money. Another rule was that we were able to use a credit card but if we used it we had to pay it off when he circled our team name on the board. If we were late or we didn't see Marlon circled our team name we will be fined an extra 100 dollars.

The One main thing he was always telling us was to stop think and make a good decision, spend or save. Each group that played in the game started with $1800 for a holiday trip to Fiji. Another thing we had to be careful of when we were playing the game was if we were going to spend alot or spend little to sav more of the money we had, and we had to use our money wisely because we only had $1800 dollar and nothing else. When we were playing the game we had to think about our passports,accomodation,Travel Insurance, and the activitys and food.

Our decisions were going to depend on how wise we were with our money. When we were asked to pay our passports,accomodation,Travel Insurance, and the activitys and food we had make sure we had enough money for the next part of the game. My group paid the 200 for the passports because if we were to pay it later we didn't know how much it could be if the price had gone up higher. We paid 500 for the economy flight which was the cheaper option. We also paid for the 500 dollar accomodation, which we were going to stay at a nice resort, we had another option which was to paid for the food for the whole week which was another 100 dollars meaning accomodation was 600 dollars if we paid for the food. 

Then we paid for the Travel Insurance which was 300 dollars, and we use the crdeit card so we could use the money from the bank.We had to pay it off when he circled our team name on the board. If we were late or we didn't see Marlon circled our team name we will be fined an extra 100 dollars. We paid back the bank the money and then a accident happened and that made each person from each team was in the hospital. To find out which team will have to pay the hospital bill we rolled a dice. If you got number 1,2,3,4 you will have to pay the bill but it you got 5,6 you didn't. My group was the only one who didn't have to pay the bill but everyone else did, but since they had travel insurance the bill from the bank was coverd by the bank. I enjoyed this time learning about money wise becuase it taught me alot about how you be wiser with your money.



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