MoneySense (Week 2 Only)
MoneySense (Week 2 Only)
Today we finished our financial plans. We had a blast recapping everything we learned this week through playing the INVESTED game!
Today we started with looking at the last part of budgeting - Sharing. We explored the reason for sharing and potential charities we could support. Participants started putting together their first financial plan. Then we analysed household expenses to get an understanding of how to apply money principles in daily life.
Today we learned how our savings can grow. We dived into the financial world to learn about banks, interest rates, credit cards, insurance companies and investments. We played simulation trading games to understand the principles of safe investment.
Today we focused on another part of the budget - savings. We started brainstorming for worthy savings goals and creating a savings plan. We also went on an online shopping spree, and learned to compare prices when shopping.
Today we earned money by building bridges. Then we had opportunities to spend that money. We practiced setting up our first budget. We learned tips on how to navigate a cashless world.