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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

fireshadow20

fireshadow20 wrote:

ITS OK
commented: Thu Oct 02, 2014

MrJenkins

MrJenkins wrote:

OMG! Thank you so very much! I love money, and I am saving up for some stuff!
commented: Thu Oct 02, 2014

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

there are 107 more comments

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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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scarlet177
scarlet177 posted in Friends:
According 2 me..... a perfect friend should be..... kind towards all, loving, funny, helping, and some times silly ( a friend shounldn't be ALWAYS serious!) friendly ( of course ), and..................... AWESOME!!!! :D !! I do have friend with all these qualities..... her name is ******  and she has ALL these qualities!!!!!!!! so she is AWESOME, COOL AND A PERFECT FRIEND!! :D :)
reply about 10 hours
scarlet177
scarlet177 posted in Friends:
My BFF is awesome!!!!!!! I know that cuz, she is the only person whon can understand my feelings when my enemies or some other friends tease me badly or when those ppl be rude to me....... :(  . I can share all my secrets to her........ she is Awesome cuz, she is being herself . Her name is ****** ....... and she is my WORLD'S BEST FRIEND!!!!! :D
reply about 10 hours
Alexis7343
Alexis7343 posted in Friends:
I think its really great you posted this, cause a lot of people need it. Adults don't notice children problems. When I was in 2ed grade i was bullied by teens that were like 16. Not only that, teachers can bully kids too. My mom always puts people who try to kill them selves down in awful ways. Every time she says that stuff I am very offended by it cause she knows I have emotional problems but she still like to dig into it. Someone who feels they need to kill themselves needs someone to trust and talk to. I'm so happy you posted this. Cause it is so true!
reply about 20 hours
GaaraOfTheSand
GaaraOfTheSand posted in Friends:
I GONNA go draw
reply about 20 hours
jordand08
jordand08 posted in Friends:
Same. c:
reply about 20 hours

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