Tag: Saving

24. Different Decisions – Savers or Spenders

Kia Orana!

FIO LVL 3 – 4 is the maths book we’re working on.

Last week to this weeks Monday, our class had to check the differences between the twins, Connor (boy) and Rebecca (girl), mentioned in the FIO maths book about their bank statements. We had to figure out who is the spender, and who is a saver. The two twins started off with the same cash in their savings account ($90).

People have different financial personalities, so we examined Connors band statement and saw that he had quite a lot of cash saved (1,213.09). After that, we checked Rebecca, who had less cash saved than Connor (1,047.48). Using those numbers, we got to identify who is the spender, and who is the saver. Easily, the saver is Connor (brainy) and the spender is Rebecca.

They both are twins, but different – Because their Transaction, Debit/withdrawal Credit/Deposit and balance, aren’t as similar as their genes are.

Once our class figured that out, we had to answer questions from A to H.II that were included in the book. Which one are you? A spender or saver? Personally, I am a saver. I think that I’m a saver because if you save money, you’ll become quite decent in cash. Like I would spend a tad money, but it’ll be on a budget with the things that I want to use my money for. When closing the bank, you’d become richer than you thought. (I’m not greedy, I just want lots of cash so I can help my family out or myself.)

Comment down if you understood something or agree with my decision (saver). If you disagree, still comment why you disagree so you can maybe persuade me into becoming a spender.

Bye!