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Wednesday, October 20, 2021

business and enterprise.

We are learning these vocabulary words so we understand what they mean like if we grow up and we ever need a loan we need to know what a loan means and how it works. We had to write 5 different words and write the meaning of those words.











Business and Enterprise is important to learn at our school because in the future if we get a job we need to learn how to organise money or how to like run business. Kids should start learning how to save and look after their money at a young age maybe like year 5-7 so they understand as they get older. To make sure they don't go out and spend money on random things they don't need or will get bored of in like and day or so. It's good to teach kids this stuff at a young age.    

If you start running a business and you don't know how to give out the money equally or how much to give to your co-workers then its going to be hard to start running a business. If you get a job at 13+ and you get paid for that job and you just go out and spend all of it after getting paid right away. You aren't saving your money for something you actually need its stuff you want so you would need to know how to save your money instead of just going out and spending it.  

Imagine you got paid 20 dollars and you go and spend 10 of that of something stupid like jewellery, candy, toys you don't need that you want it. You are spending your money of thing you don't really need it would be better to spend you're money on things like food, drinks, college, bill. You could even just put that money away and save up. 

Overall my opinion would be just to save the money or spend it on things you need not want. If you're running a business know how to share the money out equally or if you ever need extra money borrow a loan but remember to always pay the money back. Knowing how to save or spend your money right before just going to the real word without knowing anything about business and enterprise.

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