Alec Chang

Personal Responsibility  Explain why it is important to have a financial plan for either attending post-secondary or moving out on your own. Are there expenses that you came across that you never thought about. If so, what were they? Is it more expensive than you thought? 

It is important to have a financial plan for both post-secondary programs and moving out on your own for many reasons. One of the reason to have a financial plan is so you know what you will be spending your money on and how you would organize your spending. Knowing what you will spend on is important because it prevents you from making poor financial decisions. Another reason to have a financial plan for the future is so you can monitor the price of things and decide if what you are paying is actually worth it. After doing some projects connected to finance, spending, and taxes, there were somethings that came out more expensive than I had anticipated. The first thing that was more expensive than expected was food. I have heard of my parents saying that we have spent a lot on food but I never knew the actual amount until recent years when I began talking to them about it. Just as a family of four going out to eat would cost nearly 100 dollars if it is at a decent place. The second thing that came out more expensive than anticipated was transport. I knew that transportation was expensive but after calculating what the total annual cost was, I was shocked to see such high numbers. I would have expected the price to be lower, however, just buying the vehicle costed quite a lot of money, not even including the insurance and gas money. Especially with the gas prices rising, I do not know how much I may be paying for gas in the future. I think having CLE really opened my eyes to what the actual prices are for the cost of living that I had no idea of because my parents have just been paying.

Home purchase scenario calculations

80,000 x 1.042^3 + 30,000 = 120,509.287

or

80,000 x 1.042 = 83,360

83,360 x 1.042 = 86,861.12

86,861.12 x 1.042 = 90,509.28704

90,509.28704 + 30,000 = 120,509.28704

Start with 80,000 then multiply by 1.042^3 (It’s to the power of three because it’s for three years) then add 30,000 because of your personal savings.

Justification

Reaching the goal 800,000 could come in different ways. If you chose the 1 year GIC you would get your money back quick in just one year. Although you could get more money much faster, in ways such as stocks. Stocks is a way to gain a lot quickly, but it also comes with potential risks such as if your stocks go down, you have the possibility in losing money rather than gaining. This is why I chose the three year GIC. It guarantees I will not lose anything, while still being able to get more money than the one year GIC. You also won’t need to care for this money too much, it will grow on its own. The GIC is non redeemable though, meaning you will not get your money back until three years later.

Group work questions

1. I didn’t get a chance to work with a group, but I did have a teacher and peers to help me with this assignment. It was quite nice to work with them because with the teacher it was very one on one so the instructions came very clearly and I could ask questions easily, and my peer was able to explain to me everything I had to do and show me visually.
2. If I was in a group I would be sharing me ideas with the group and my peers would also give ideas that I could also use to develop my own answers.
3. My teacher really guided me to the answer because I missed the class and I was able to use that to come up with my own reasonings.
4. I think I worked well with the group I had. I did my best on my part in understanding the assignment, and my teacher and peer was nice to show me the way. I would rate our team work a 4, because of this.

Core competency

I can ask and respond to questions to be an active, supportive listener

In this assignment I was able to do this because I was not here while they started this assignment, so I had to pay extra attention while I had a teacher explain to me what to do for each part of this assignment. Naturally, I had to ask questions because some of the parts in the assignment I missed so it was confusing sometimes.

When faced with ambiguity or setbacks, I… to advance the development of my ideas.

When faced with ambiguity or setbacks, I look at different ideas from others and ask for help if I need to. I use ideas from others to advance the development of my ideas.

Alec Chang

Octopus-kun

Octopus-kun from Minamisanriku-cho. From prefecture Miyagi. This mascot has their birthday in February. Octopus-kun is now 15.Octopus-kun was originally on paperweights, but then he became a mascot later on. I think octopus kun is popular because the octopus itself looks good and because Japanese people use octopus in their food alot whether it is eaten raw or cooked it is delicious (in my opinion).
I believe the difference is the Japanese mascots are greater in number and they are in Japan. Other than that I cant really think of an answer.
I think mascots are popular is Japan because they look fun and they csn represent anything so it is easy to create your own as well.
I think Canada can have alot of mascots as well but it is up to the people of Canada and whether the people here are into mascots or not.
If coquitlam had a mascot then it would have something that reminded them of a sub urban area with parks, lakes, and it should be a spirit bear since that is our provincial animal.

Kuchisake onna–くちさけおんな

The spirit I chose is Kuchisake onna. I was first introduced to Kuchisake onna when I was watching binge watching YouTube videos at 3 am. The person was talking about Japanese spirits and the video I watching just so happened to be talking about non other then Kuchisake onna. The story was very interesting and I have always remembered how to survive upon meeting her. (Throw/offer hard candy at/to her)

Kuchisake Onna is a Japanese folklore on a female spirit. She is described as a female ghost with a mask partically covering her face and a pair of large shears. She would find male victims and ask “Am I beautiful?” If the answer is no then she grabs you and with her shears she slashes them across the face.

Kuchisake Onna is a vengeful ghost who was brutally mutilated in the past. Her face was slit apart from her mouth. The deep wound drips with blood and is covered by a mask. Her victims usually suffer the same fate as her past self.