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Saving: Pay Yourself First

Why Saving Matters

Saving means setting aside money now for later. Why? Because some things you want cost MORE than you earn at once. If you want a $50 video game and earn $5 per week, you need to save for 10 weeks. Saving also prepares you for surprises (your bike gets a flat tire and the repair costs $15). The rule 'pay yourself first' means saving BEFORE spending, not after.

Saving: Pay Yourself First

Why Saving Matters

Saving means setting aside money now for later. Why? Because some things you want cost MORE than you earn at once. If you want a $50 video game and earn $5 per week, you need to save for 10 weeks. Saving also prepares you for surprises (your bike gets a flat tire and the repair costs $15). The rule 'pay yourself first' means saving BEFORE spending, not after.