Kw-logo-holiday

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:
>

readers voted!

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

Please login or register to add comments


like this article?
Sign up now to get more just like it!

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

Team Audi #46
Team Audi #46 posted in Friends:
Kid at my school nicknamed "Blueberry". Hated by all the Seniors at the school and the teachers can hardly stand him. If I were to go through everything he's done, I'd be writing a short story. Let's just say, he should have gotten expelled Freshman year. And all the years after that.
reply about 7 hours
PrincessAmelia
PrincessAmelia posted in Friends:
Three mean girls at school...I JUST DON'T LIKE THEM. They bunk the classes and never get scolded and they act(ed) very mean to me and  one of my 3 bffs.  They are just OVER SMART and ever they sometimes wish to talk above the teacher. Then comes the Boys. There are 3 boys you know, who are a part of the gang of these mean girls. These boys are also so mean. I ask you, am I untouchable? Whenever I go past their bags, they say, 'hey what are you doing' or something like that... At least they are better in front of the teachers...unlike *SOME* people I could mention. But in spite of all these I really do like them all as friends and I am a pretty good forgetter, so I soon forget whatever they said to me. So, I think there is no one I HATE, practically. 
reply about 7 hours
youngluni4ever
youngluni4ever posted in Friends:
Ok so in my highschool there is only one pure ginger. His name is Sean.... I believe that's how you spell his name. Will this ginger is impossible to deal with. When I'm talking to my friends he butts In thinking he's part of the conversation, but he isn't. So when I decides to try and butt in, I automatically scold him. And I know it seems mean but when someone annoys you to the limit you sort of go Insane ya know? So everytime he gets near me I walk away before he can even open his mouth to talk. I know y'all probably think he isn't bad, but he said himself that he was going to grow up to be a killer and ######. He said it himself and not in a sarcastic tone. Nobody in my school can deal with him. The teachers can't either. But I want to know, do any of you have someone you truly dislike at school?
reply about 7 hours
jordand08
jordand08 posted in Friends:
"iamastar" wrote:i like this guy called brandon rumball he's really cute we are total opposites he's tall and i am short he is smart i am not so smart he is the best swimmer and i am the second worst and i really like  him i trying to forget about him but he's just poping back in my head i neeed help First off, for his safety don't tell his last name. And opposites attract. Sometimes. :p Maybe you get get him to help you become a better swimmer, even though here, it's cold.  
reply about 8 hours
snowflake_icy_dragon
Hey well I think u are so right about the hair thing.
reply about 14 hours

play online games

Hour-of-code-tumb

Codey the troll is lost! Help him avoid obstacles and get back into the computer...

Candy-quest-feature

Your troll is lost! Help it avoid obstacles and get back into the computer.

Fo...

Dragon-dash

Your dragon must return to guard the treasure! Help it gather lost coins and avo...

_thumb_100x100

Shoot blobs with different properties to merge yellow blobs. Your blobs can be r...

1005_cc_kidz_100x100_vlh

Candy's got her candies into a terrible mess, can you help her to sort them out?

Candy-100

A great online version of the famous Candy Crush. This is the best game launched...

_thumb_100x100

Bloons 2 is here! A worthy and awesome sequel at last to our original Bloons gam...

Frostbox_100x100

Explore the world or hang out with friends in your own condo. Get a unique look,...