Endeavour Class visited UBS Bank this week to take part in a workshop on family budgeting as part of the “Enabling Enterprise” topic.
The UBS Bank team walked our children through a presentation outlining why budgeting is important to a family unit, how best to budget, how to prioritise what you should be spending your budget on (what is a necessity and what is a luxury item or an item you may have on a wish list), how to consider where to cut costs, and how to plan for the future.
The key topics throughout the day revolved around understanding the importance of budgeting and how best to utilize the funds that are available to a family. For example, is paying the rent more important than using money to buy a new mobile phone?
The children really enjoyed the experience and thank UBS Bank for their help & hospitality. We took some pictures of the visit, which can be seen in the gallery below. Please click on the thumbnails for a larger view.