Thursday, August 27, 2020

The lost lotto ticket

Title:The Lost Lotto Ticket


Introduction


“So how did this happen?” questioned the nurse.

The overcrowded hospital waits silently. Josie looked disappointed at her arm, she could see the nurse waiting for a clear answer. However Josie knew there were no excuses, Josie calmed down and looked at her big long cast. Josie took a deep breath and said “it had all begun when I found out I won the lotto” explained Josie. 


I was in China for a holiday and all of a sudden I found out that I won the lotto. Then I rushed to call my family, I told them I had won 5 million dollars from powerball! I was breathless and filled with excitement. Then I hurried and went in a taxi, after a bit I was passing through bright  streets. All of a sudden I heard something POP! The right back wheel bursted and I crashed into a street light. I woke up in a noisy hospital, feeling horrible pain coming from my arm.


Then I remembered about my winning lotto ticket, I ran out of the hospital and found my way back to the crash site. By the time I got there it wasnt found, my family and friends have been amazing. Surprise!! They even got me presents, Knock Knock. “This is for Josie,” explained the mailman. Omg, it's the winning lotto ticket! “No way!” Shouted Josie’s Family and friends. Josie turned in her ticket and got 5 million dollars! 


Conclusion:

The next day Josie was filled with joyness and she thought of different ways to spend the 5 million dollars. She shared some with her family and friends, from now on she lived happily.

               

 

 

Monday, August 10, 2020

What is a bank?

 What is a bank?   


Introduction:                                                                           

A bank is a safe place where you can store lots of money and you can collect it back when you need it. Banks have been around for many centuries and have been trusted ever since it was built. The purpose of a bank is to make sure your money isn't stolen and to make sure it's safe. It's also great because you can get it back at any time you want.


The bank lends you money but after a while you must pay it back. It also gives you interest by money deposited on savings accounts to lend borrowers, when you open a bank account and deposit money into it, the bank will then give it to someone else . After a year the bank pays you for depositing money. This is called interest. You can exchange money, for example you can exchange a 20 dollar note for two 10 dollar notes. Then when you open an account you can insert money into your bank account. You can also give some of your money away to earn more money, there are many banks in New Zealand. For example ASB, BNZ and ANZ. 


When you borrow money from the bank you can get charged a fee. A fee is when you borrow money and you don't pay it back. You have to pay it back because the bank owns it and they just let you borrow money. At the end of the year the bank pays you 2% of the money back and the bank keeps 5% of it. 


The bank is important because if we didn't have a bank we wouldn’t have coins or notes. It is also a good place to put all your savings so it doesn't get stolen. Without banks no one would be able to purchase anything, in the old days there were no banks so people had to trade their own goods for different goods. A bank is just like your own piggy bank filled with notes and coins except the bank can hold up to billions of dollars. I hope you now know what a bank is.