ASB Getwise

LI: To be wise choices with money.

Today, LS2 went to learn how to be smart with money. Marlon from ASB was teaching us how we can make wise decisions with our money. The process is to stop, think and decide and this will help people make correct decisions with our money. 

We played a game which helped us use our money wisely. In this game, we got into groups of five and had the total of $1800 to spend on the trip to Fiji. First, we needed to stop, think and decide whether we wanted to get our passports now or later on for a higher price. We chose the first option which was $200.

Our second challenge was about which class we wanted to take on the flight. The economy class or first class on our flight. We needed to think and decide how much money we would spend on the flight as well as how happy we are with our flights. Our group chose to take the economy class. This costed us $500 but gave us 2 happy points. 

The third challenge was our accomodation. We could chose whether we wanted to spend our time in a resort by an ocean for $500. This choice would give us 6 happy points. We could also pay an extra $100 if we wanted the resort to cover for our food .Our second choice was a rusty motel for $200. We chose to pay $600 for our accomodation and food. 

The next one was about the travel insurance. This was $300 if you wanted it. The insurance would cover your emergency bills for example, if you got hurt and needed to go to the hospital they would pay for the hospital bills. We chose to pay for insurance.

If we needed to use a credit card (money from the bank) we could ask for it. We could pay for things with the credit card but when Marlon circled the credit card money, we needed to pay the money. Our group chose not to use a credit card.

The next challenge was about the activities. Our options were to go surfing ($100), snorkeling ($200) or skydiving ($300). With our remaining money ($200) we chose to go snorkeling. 

Our last challenge was our food, but because we chose to pay for the food in the resort we did not need to pay for our food

At the end of this challenge we got food poisoning and were rushed into the hospital. The hospital bill came out as $2000. We rolled a dice to determine if we needed to pay or not. If we rolled a 5 or 6 we did not need to pay for our bill. However, if we rolled any number under 5 we needed to pay for it. Our group ended up rolling a 4 but we payed for insurance therefore, we did not need to pay for our hospital bill.

I enjoyed this activity because it helped me understand the ways of saving money.