Showing posts with label financial literacy. Show all posts
Showing posts with label financial literacy. Show all posts

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?