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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 :p
commented: Sat Mar 29, 2014

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sparkly_chick
Sometimes we get along all happily. Other times, conversations end with door slamming and yelling. Whenever I try to tell her that we need to work on this, she just says I'm being dramatic. It seems like one second we're laughing, then next we're fighting. She's 20, so the age difference is one of the problems. I really want to reconnect with my sister, but I don't know how. Help!
reply about 9 hours
sparkly_chick
sparkly_chick posted in Style:
Ugh. Usually on Wednesdays, I have a cherry coke t-shirt with some Jean shorts. That t-shirt got RIPPED. D: Anyways I can barely make it through the week. I have a closet full of clothes, but there's only about 8 t-shirts that are nice looking. Hopefully soon there'll be a new clothes store, and soon I'll start wearing my winter clothes, but I need help for the PRESENT. Any ideas?
reply about 9 hours
ChickenGoPowPow
I would say just talk to the guy an ask him, but I know you would be scared. But anyway, just take it slow. Talk to the guy, an try to be friends with him. If he shows any signs of him liking you.. For example: He likes looking at you, tries to make you laugh, or likes being around you.. then that's mostly a sign.
reply about 17 hours
Charulata
Charulata posted in Style:
A small earring :) Nothing else in my body :p :D♥
reply 1 day
bernese7
bernese7 posted in Style:
how can i lighten my hair color without dying it?????????
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