Reflect:
For this activity, first view this article and scroll through the images.
After thinking about what these photos signify, take a photo of something that is very valuable to you.
Discuss:
In this discussion thread, post your own picture using the photo upload function, and then write a brief reflection about the photograph. Building on the framework outlined in the 3 Important Aspects of Financial Decisions lecture, consider the following questions when writing your reflection:
- Motivation: What motivated the decision that led to you owning your most valuable thing?
- Money flow: What markets are at play in your life? How might this compare to the markets that are at play in the lives of the individuals whose possession(s) were captured in the photos shown in the article?
- Repercussions: Thinking ahead to content that will be expanded upon in Week 3, can you identify any repercussions of the financial decisions that allowed you to purchase your most valuable thing?
Answer:
[a laptop image here]
Motivation: My old laptop was super slow and delayed a lot, so I bought this laptop to replace the old one.
Money flow: Commodity market and financial market. I think the markets involved are more or less the same? The world finance is in an interconnected web anyway.
Repercussions: I saved up money I got from part-time job so I could buy the laptop.
Aqua's Personal Finance 