Pages

Monday 22 June 2015

Save my money

$ave my money
Today we learnt about saving money,spending money and how we can save it.

  • We met a man called Gary who worked for ASB bank and he taught us lessons about being clever with money.He taught us how to earn money.He told us that we can trade and sell old things like toys.Also Gary said that we can make things like sausage sizzle and cakes and he said that we can go to stores and busk.After he said we can go around the neighborhood mowing lawns or putting newspaper inside mail boxes.

Gary said that to save money it’s better if we put it in the bank instead of putting  it in a piggy bank.Putting your money in the bank is better because they put more money in your bank account and if you earn more money you can buy many things that you need.But if you take a loan you have to own the bank back because you borrowed money from the bank you have to give more  back to them.The reason why people take loans is because they might need to buy a house or their paying their rent for them to stay in their house.If someone robs your house and your money is inside of your piggy bank the person who robs your house takes it you will not have any more money and if your money’s in the bank the money that's in your bank account your money will be safe and you can buy anything.I want.If you save your money when you're  young all the way up to when your a adult and you want buy a car  then you can buy the car that you always wanted you’ll look flash.It’s better if you start saving early because you have a lot of money and you can buy anything.It’s bad if you put your money in your piggy bank because someone can rob your piggy bank easily and they will take all your money.

That’s why it’s better if you put your money in the bank because they will put more money in your bank so that your money will be nice and big but when you take your money out the bank they will charge you and you have to pay.But sometimes it’s good to put your money in your piggy bank because someone might rob the bank too.

No comments:

Post a Comment

Note: only a member of this blog may post a comment.