Kw-logo-smaller

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!


Related Stories:
108 Comments

latest videos

F1067448135562

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.

related stories

If your parents have been stressing over money and you feel anxious because of the environment, w...
You may have heard it on the news, read it in a paper, talked about it during your class’ current...
If you thought that the normal levels in Henry Hatsworth were hard, try unlocking these secret le...

Dear Dish-It in the forums

lirescar789
lirescar789 posted in Friends:
Dear dish It: What'll should you do to be able to catch up with up with their topic cause when they'll ask, you're answering nonsense.. 
reply about 9 hours
IndigoTiger19
Thanks so much delancy
reply about 11 hours
Delancy
Delancy posted in Family Issues:
Dear Friend, I am really sad about your matter. Ignore them. Yes, I do understand your feelings. You care for your family, everyone does. But Family isn't always right. If you pay attention to them you may get addicted to alc*hol too. It's normal for every person to care for their family, kith and kin. But not every person whom you care is good. I am totally not talking anything bad about your mom or you sister. But I've experienced this in my own family. Hope my message helped you out. It was a pleasure to help you out :) Thanks, Siyali (Delancy)
reply about 11 hours
IndigoTiger19
I grew up around violence, dr*gs and alc*hol and my mum was always fighting and on dr*gs she stopped ages ago but still drink's sometimes and these days I still think she is doing dr*gs still. My sister is addicted to dr*gs (but I wont' say what kind ) and is using them nearly every day. I know I shouldn't be getting into my mum's/sisters business but I am really worried. The other day we went and picked up my sister (who is 22 just to let you know) to go and get something for here down the street and before she got out of the car she said to my mum have u got any dot and I knew what it meant I am really worried about them and don't know what to do.
reply about 12 hours
coltsheaven12
coltsheaven12 posted in Friends:
BIG FAN OF ANIMAE
reply about 20 hours

play online games