Tuesday, April 9, 2019

Financial Literacy.

In the past few weeks, our class have started doing Financial literacy. What is Financial Literacy? We had a teacher come in and get us started, and helped us through out. At first, he gave us a piece of paper with the options of being Married, In a relationship or single, You could have 0-4 children, You could have 0-4 Cars of any type, and 0-4 cats or dogs. Then he gave us a card with our income, How much tax we pay, and our mortgage rate. Oh. I was lucky and got a High(ish) paying job. After paying my tax, mortgage and groceries (The amount of money you pay for groceries vary) and after paying for a Fortune card (Might lose might gain), I was In credit! Throughout the next couple of weeks, I didn't Go into debt (But every week I lost money in my fortune)
Then It was the BIG Day of it. On the 4 week mark, We had to pay for a lot more things such as SKY TV, Life Insurance, Our Vehicle, Our Internet and our electricity and Then the normal things. I started the day with $1891.12 which is A LOT and ended the day with 84 dollars. I added It to my Savings (Which is 2000 Dollars) And finished the month in credit!!
I wonder how the next few month will be for me?

No comments:

Post a Comment

Thank-you for your positive, thoughtful, helpful comments.