Weekly Blog 05/16/2014

Weekly Reflective Blog

This week we learned about credit and banking through our notes, videos, and modules on everfi. There are benefits and costs of using credit cards and one should be aware of the risks of using credit. Using credit is very convenient but you risk yourself to identity theft, risk of spending money you don't have and to fees and interests included in your credit card payments. We also learned about financing purchases and how we should go about financing things we buy. Credit and financing are very important for our future and we should know how to manage ourselves.

Weekly Blog 05/8/2014

The Budget Week

This week we learned a lot about savings and budgets and how important they are our whole life. A budget is an estimate of income and expenditure for a set period of time, having a budget is ideal to have a successful economic future because having a budget means to have a control over expenses and income. Savings are also important for a bright economic future, having savings is very useful and it is important that we as teens start to invest and have savings for the future.

Weekly Blog 05/2/2014

This week we learned about charitable savings, we learned a lot about banking and money spending, we also learned how to control our money, we watched videos on the red paperclip and the process of how money is made and the differences between real and fake money.