Financial Literacy from the Commonwealth Bank

By Raphael C and Taine B

On Tuesday 4th August, Level 3 had Financial Literacy. It was about saving and spending money. We had someone from the Commonwealth Bank teaching us all about money, her name was Coach Cash. Some of the important things she taught us was, spend some on you and save some too and the difference between needs and wants. Needs come before wants, needs are things that you need to survive like food and clothes. Wants are things you would like but you don’t really need, for example a gaming console or clothes you don’t really need. In one of the activities, we got to work in a team and we had to decide which store to buy a pair of soccer shoes from. We learnt quite a bit and it was very fun.

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