Do
you want to know how to save money? I’m
going to teach you how to save money.
If you save money you can more to
spend. There is a tip if you get some money spend some and save the rest. You
might able to earn money for doing jobs. If you practice saving money as a kid
you might not have as many money problems when you’re an adult. Saving money
could do you good.
Now I’ll teach you needs and wants. Needs are what you a
really need. Legos are not a need. Water, food and shelter are all needs. It is
good to spend money on needs. Always satisfy your needs before your wants.
Now I’ll tell you about wants. It is okay spend money on
wants. It is okay to spend money on wants. Here’s another tip: don’t spend
saved money on candy it’s a waste. Before you spend money ask yourself if you
really want it.
I hope you now know how to save money.
Very clearly laid out, Mason. I appreciate the tips! I'm guessing that when you grow up you're going to manage your money well. Good luck!
ReplyDeleteGreat explanation of the importance of savings, and the difference between needs and wants. I agree especially with your comment about saving money as a kid means you may have less problems as an adult. Have you started saving already, Mason? - Rain, Singapore
ReplyDeleteYou have learned a great deal about how to save, Mason, and why it's a good idea to save. Perhaps some day you will want to go to college or find your own home. For those things to happen you will need to have saved a great deal of money. With your good understanding of needs and wants, I know you will find a way to save for what you need, as well as save for what you want for your future. Good job!
ReplyDeleteHi Mason,
ReplyDeleteWhat great tips you offer! I think you are right about practicing saving money as a kid. You will do very well as an adult when you already know how to manage your money.
Megan
You wrote this like you were talking to a friend and its clear you have learned a lot. Nice job and I think you will do a good job with money as you grow.
ReplyDelete