Making your own financial decisions by Bernd Meyer https://padlet.com/bmeyer1961/yrxzg1z1g5zm Making decisions means making a choice. As a result, you give up another option or alternative. Financial decisions will impact on many aspects of your life and as a consequence, the effects of that decision may be felt for many years to come. Select ONE situation and state the consequences (short or long term) of that decision and describe its impact on both your present and future lifestyle. en-us 2017-02-03 01:59:00 UTC 2026-02-27 18:42:12 UTC hello@padlet.com Mitchel Stackhouse https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153891524 After year 12 i am going to work around Australia for a year as a farm hand.
Make a small income
Gain experience
See how other places in Australia farm   ]]> 2017-02-14 23:23:59 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153891524 Will Spicer https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153891530
Going to University:
I will have part time job and I'll have to pay off student loans. But after University I will have degrees opening more opportunities  for better jobs.]]> 2017-02-14 23:24:03 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153891530 josh https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153891601 Situation:  | After school decisions 
Option 1 Go to Uni   | Consequences/ impact I wont have a full time job  but I will have better  opportunities after finishing  my degree. Could get a part  time job while I'm at Uni  
Option 2 Get a job  straight out  of school   | Consequences/ impact  Would be able to save up  for a house or a Uni degree But I wouldn’t have a such  a good job because I haven't  gone to Uni yet 
Option 3 Have a  gap year   | Consequences/ impact You could have a gap year  to experience new things

]]> 2017-02-14 23:24:51 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153891601 Brad McGee https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153891631 situation: what to do after school
Option 3 
Work for a year and then study
Consequences/Impact                              having money in my bank after a year of work, which would mean that I can pay off the Uni debt easier. 
 
 
]]> 2017-02-14 23:25:13 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153891631 Jack Gardiner https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892248 Situation 
You have to get a degree in mathematics/engineering and you have to decide which university to go to 
 
Option 1 
Go interstate to study and get a higher qualified degree but also suffer the higher costs of rent and maybe the higher costs of uni 
And also you will have to leave home 
 
 
Option 2 
Go to the maritime college to study which will put you at a higher salary but may get you a degree in a field you may not like 
 
 
Option 3 
Go to utas to study whhich might give you a lower quality degree but you will ot have to pay the rent and you get to stay at home 
 
Option 4 
Don’t go to uni and get a lower paid salary but you wont have the expenditures of uni 
Option 5 
Go on a gap year and take a break 
 
I don’t kow what I am going to choose but at the moment I will probably choose to go to the mainland to study 
 
]]> 2017-02-14 23:32:19 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892248 Milly Ransom https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892306 2017-02-14 23:32:57 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892306 Amaya Caldwell https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892366 Situation: What I am going to do after year 12

Option 1:
Go straight to university

Consequences/Impact:
University is very expensive, resulting in possible issues with paying off student loans.
Going to university can help find what you are passionate about and also opens up more opportunities for future jobs by getting degrees in your area of study. ]]> 2017-02-14 23:33:43 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892366 jack colgrave https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892368 SITUATION   | LAW-BUSINESS 
OPTION 1 GO TO UNI & GET A LOAN OF MY PARENTS  | Start uni straight after school and get a loan of my parents. The consequences are that I wont have much income. 
OPTION 2 GAP YEAR & WORK PART TIME  | Have a gap year and travel around the world with friends. Also get a part time job to pay off the uni costs for the next year. The consequences are that you get out of the routine of school and the school life. 
OPTION 3 GO TO UNI & HAVE A PART TIME JOB   | Start uni and get a part time job, to pay off my uni bill. This will save me from getting a loan of my parents. The consequences are that the part time job will take up time and that time is precious for studying.]]> 2017-02-14 23:33:44 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892368 Pete Strong https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892396 SITUATION  | Banking – investment banking 
OPTION 1  | Study law, engineering and commerce at university  Consequences: Studying all of these will take a very long and will cost a lot of money 
OPTION 2  | Get  a part time job Consequences: taking up time that could be studying and doing other things. 
OPTION 3  | Save a lot of money and invest a lot money Consequences: chance of loosing a lot of money which means there is a higher risk then a normal job, it will take up some time. 
  |  

]]> 2017-02-14 23:34:01 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892396 April Coulson https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892423
Go to university on the mainland or overseas 
Consequences/impact 
Get to go to a university that specializes in the degree I want. Live by myself without parents and have some independence. Might be able to get a part time job. Have to keep studying and have to pay for university. I could go overseas to study and that means I get to travel while getting a degree.]]> 2017-02-14 23:34:24 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892423 Thomas foster https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892553
Situation: 
 
Option 1 
Gap year 
Consequences/impact 
Spend lots of money 
Get to travel the world and see new exasperates  
Option 2 
Go to uni 
consequences/impact 
Spend lots of money 
You get a qualification  
Get a sport scholarship  
Option 3 
Get a job 
Consequences/impact 
I can put a lot of pressure on your study time 
You can get money ]]> 2017-02-14 23:36:07 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892553 Elsie Quinn https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892561
Option 2: Go to university before I go traveling. 
Consequences/ Impact 
Get sick of studying  
Have to pay for university which could effect my financial stability. ]]> 2017-02-14 23:36:17 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892561 Maggie Ralph https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892583
Option 1 :
Go to university before I go travelling.  
Consequences/Impact: 
I can get it over and done with and have something to look forward to once you finish. You will have to pay for university and that will give you less money for travelling.  ]]> 2017-02-14 23:36:30 UTC https://padlet.com/bmeyer1961/yrxzg1z1g5zm/wish/153892583