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Top 5 Ways To Save

Do you find you spend your money faster than you can save it? Kidzworld gives you some tips in the Top 5 Ways To Save!


Does your money always burn a hole in your pocket? Here’s a few ways to avoid splurging on unnecessary stuff and save for that big purchase.


#5: Make Smart Purchases

It’s hard not to blow your money as soon as you get it, but think first before you buy something. Is it worth the money? Will you still be interested after a week? Try to avoid trendy clothing or electronics you’ll tire of quickly. Invest in quality stuff!


#4: Always Save 10 Percent

If you save just a small portion of your allowance, birthday money or pay cheque, that money can grow fast. Imagine if you saved 5 dollars every month. At the end of the year you’d have $60!


#3: Keep A Purchases Diary

You’ve probably heard similar advice about nutrition. It’s good to keep track of what goes into your body—and it’s just as important to pay attention to what goes out of your wallet! Seeing all your purchases written down will help you figure out where all your money is going and if you’re buying stuff you don’t need.


#2: Start A Penny Jar

You’d be surprised how much you can save just by throwing your pennies in a jar. One cent might not seem like much, but if you manage to collect a hundred, that’s a dollar right there.


#1: Open A Bank Account

Did you know you can make money just by putting it in the bank? That’s called interest. Most local banks give you around 2 percent interest, but internet banks give better rates, so shop around. It’ll be worth it!


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Comments

rainbowpoptart
I could never save up for anything. I'm a spender :p
commented: Sat Mar 29, 2014

MSMcGucci

MSMcGucci wrote:

i do the penny jar saving up for a iphone
commented: Wed Feb 12, 2014

girlwhodream

girlwhodream wrote:

looks very helpful
commented: Fri Jan 31, 2014

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What Do You Save Your Allowance For?

  • A big day out with your pals.
  • Video games and computer stuff.
  • Clothes, clothes and more clothes.
  • CDs or posters of my fave musicians.

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Dear Dish-It in the forums

GaaraLove
GaaraLove posted in Style:
I'd say jeans. I'm a natural born psycho-redneck and leggings are not well suited for my lifestyle. If I had to wear any pair of pants besides Wrangler or Riders jeans, I'd be in a comatose!
reply 7 minutes
Hermione23
Hermione23 posted in Style:
At my school it's ripped jeans n vests
reply 9 minutes
Fenmore
Fenmore posted in Style:
^^ Pretty much. Although it has started to warm up XD Give it another few days/weeks again though it'll probably snow again
reply about 1 hour
JesseWesse
JesseWesse posted in Style:
Ikr even in my school guys wearing hoodies instead of sweaters is the fashion and hightops thats what we all wear In Newfoudnland XD
reply about 1 hour
LollipopR
Mummy's girl
reply about 3 hours

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