The
students in the Senior Whanau at Yendarra School loved celebrating Money Week
throughout week 5. It was a great opportunity for us to learn more about how people make money
and how they spend, save and share the money that they earn. It is important
for us to understand how money works so that we can make wise money choices for
ourselves and our families, now and in the future.
Room 10
In Room 10 we had a money
challenge to solve every day. One of our favourite challenges
was organising a day out for our family while sticking to a budget. We used the internet to research where in Auckland we could
go and what each activity would cost us. We found out that it is important to
stick to a budget so that you don’t spend money on things that you can’t
afford. We also learnt that there are a lot of free but fun activities like
going to the park, beach, pools or the library.
Room 11
In Room 11 we have been focusing on sticking to a budget.
To do this, we were given a
budget of $10,000 dollars to plan a holiday for ourselves and at least one
adult who can look after us.
This $10,000 budget had to
pay for:
●
Airfares
●
Accommodation
●
Activities
●
Food
●
Transport
●
Spending
money
We used useful websites
like booking.com, skyscanner.com and many more to help us plan our dream vacation.
Important things we have learnt about budgeting:
●
Keep
subtracting expenses as you go
●
You don't
need the most expensive hotel or car
●
The longer
you go the more you spend on accommodation
●
When
booking a flight, some days are more expensive than others
Room 12
In Room 12 students used IT devices to research and compare the price of
healthy foods from 3 NZ Supermarkets - Pak n’Save, Countdown and New World.
Room 13
This week in Room 13 students earned money over
the week for a range of positive reasons. Each student kept their money in
their own envelopes. Then on Friday we set up a shop inside our classroom where
students had the opportunity to buy items using the money they earned over the
week and also practice giving back the correct change to others.
Room 15
In Room 15 we have been learning to give and receive change. We created our own farmers market, each product came with a price value.
In Room 15 we have been learning to give and receive change. We created our own farmers market, each product came with a price value.
" It was fun
counting money, I needed to work out how much it would cost.” By Ondresse.
"I wonder if I earnt enough money during
the week to pay for my goods " By Habana.
Room 16
This week Room 16 looked at some of the terms
around money:
What is a need?
A ‘need’ is like food and a house to live in -
Jerome
What is a want?
A ‘want’ is like a fidget spinner or other fun
things - Falaniko
We created shops and decided what we would
sell and for how much then we role-played being the customers and the
shopkeepers to practise buying items and giving the correct change.
We also looked at how we can use different
coins to make the same amount of money and how to make lots of different
amounts of money.
