We are a fabulous class of learners from Tawa Intermediate in Wellington, New Zealand. Our teacher is Stephanie Thompson.
Monday, 12 August 2013
ASB get WISE
Last week Room 15 has a visit from Vane from the ASB get wise programme.
The students learned about the difference between credit cards and debit cards.
What makes a good savings goal - who remembers what C.A.T stands for?
What were your takeaways from the session?
What do you think is good debt?
What about bad debt?
What questions would you be asking if you were to get out a loan?
10 comments:
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Hi Stephanie,
ReplyDeleteThe Get Wise programme was really fun and interesting.
A good savings goal is a C.A.T goal- We can't remeber what the c stands for but the A, and T, are action and time.
We took away some life skills and handy tips for saving up money.
Good debt is debt you can definitely pay back in the right amount of time, and bad debt is when you can't repay it and you get charged interest.
If we were going to get a loan we would ask what's the interest rate?, how much could we pay back each week/month?, how long will it take to pay back?
From Helen and Giorgi
What makes a good savings goal - who remembers what C.A.T stands for?
ReplyDeleteI don't have any takeaways from that session.
Some time good and also bad.
I think it is bad.
How did I get out of loan how do I get back my loan.
Hi Stephanie
ReplyDeleteA CAT goal stands for clever,action,time
My takeaways where that eftpos cards are better than credit cards and that always buy insurance.
A good debt is a mortgage for a house.
A bad debt is buying a xbox or something.
How much is the interest.
Tom
Hi Stehanie
ReplyDeleteI have forgotten what A stands for and T but I thinkt A stands for aim.
I now know how to be wiser with the money I spend.
I think a good debt is buying something that you need like a house or something that you will use.
A bad debt is buying something you don't really need like lollies or toys.
How long do I have to pay money back to you?
Fo Elizabeth
Hey Stephanie,
ReplyDeleteC.A.T stands for cleaver, action and time. My takeaways are not to spend my money in like 1 minute. I think a good debt is that you pay back the right amount in a amount of time. A bad debt is not paying the money in the amount of time. I think loan is how much interest.
From Josh.W
hello,
ReplyDeleteclear action time.
I (Quintin) learnt what C-A-T stands for.
I (Charlie) learnt what a C.A.T was
(Charlie)a house mortgage (Quintin) I think a bad debt is spending all of your money on stuff you don't need. I (Charlie) think the same thing. We dont know what questions we would ask.
Charlie & Quintin
Hey Stephanie,
ReplyDeleteI think I can remember what C.A.T stands for C stands for clear A stands for action and T stands for time.I relly enjoyed the session the guy that taught us was really funny I thought that all the people that worked at banks were all serious and grumpy but he totally proved me wrong and it makes me want to go to their bank.A good debt is when your buying a house or something a badone it=s when you go buy some drugs.How much time do I have to pay you back? how much is the intrest? well have to go now bye
Hey Stephanie,
ReplyDeleteSaving your money
Clear.
Action.
Time.
Rosalie: My thoughts are why did we play that game?
I don't know.
I don't know.
Why did I get a loan?
Grace:My thoughts are that was really funny!
I don't know.
I don't know.
Why did we play that game is a question from me.
Zoe:To be good with money?
What's a debt?
I don't know.
I don't know.
Form Rosalie, Grace and Zoe.
Hello Ms. Thompson
ReplyDeleteSomething that makes good saving goal is figuring what a want and a need is first, then save money for the need more than the want, so if you need something take it out from your need save pile and the same with the wants.
C.A.T=Clear, Action, Time.
What we took away Hello Ms. Thompson
Something that makes good saving goal is figuring what a want and a need is first, then save money for the need more than the want, so if you need something take it out from your need save pile and the same with the wants.
C.A.T=Clear, Action, Time.
What we took away was the C.A.T goal and income taxes.
A good debt is for only emergencys, so if you use your credit card use for important things like repairs.
Bad debt is for things that you want and you forget all about it.
Questions we would ask is how long till we have to pay it back,
How much interest will be added if we miss the day.
What are our limits.
From Jullian and Ethan
Hey Stephanie.
ReplyDeleteThe thing that makes a good saving goal is to get a job.I forgot what c.a.t stands for.
My takeaways were nothing.
not sure.
If I was to get a loan I would ask how long I have until I have to pay it back.