Monday, October 26, 2009

CB & T Vistors Last Week

Last week when our two lovely visitors came, Heather Horne and Kwame Smith we learned a lot of budgeting and savings and credit. Ms. Heather addressed things dealing with the different types of bank accounts you can have and whats the purpose of each account. She told us about how if you have a savings account a little interested will be added because you can go back and get that money back at any time. They also have other types of accounts where you have to pay to get your money back before a certain time and with those certain types of accounts you have more interested added because you can not just go back and get that money back at any time. Mr. Kwame talked with us about budgeting. We did a little activity on going to prom and used out income as the money that we had and the actually cost of the prom we wanted and taught us that you basically have to be smart with your money in order to get the things you want.

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