Banking with Hollie from ASB

Banking with ASB 

On Monday a lady called Hollie from the ASB bank came to Kotuku.

ASB bank’s logo is an elephant named after the Auckland zoo elephant they sponsored.

We learned that ASB stands for Auckland Savings Bank.

Hollie taught us about saving money.

Hollie said “spend some on you and save some too.”

We learned to use a Budget or ‘get what you want plan,’ to afford what you need and sometimes what you want.

For example we saved on food by making your own lunch and coffee rather than paying higher prices at the cafe.

We played a clapping game that she taught us, and it was fun.

Hollie told us two stories about money choices. She told one  story when her friends started saving for some cars, and how one person saved their money in the bank and got interest. The other one saved hers in her money box. You get paid interest if you put money in the bank so will have more in the end.

We learned that saving is like training for sport; “the earlier you start the better you do”.

In another story when her and some friends went to get fish & chips, she said that she would pay, but didn’t have enough money in her account, so her eftpos was declined and they had to put some things back.

By Aria and Anya.