How much should you save?
How
much
should
you
save
?
You may be able to save 100% of your money.
You
may
be
able
to
save
100
%
of
your
money
.
Does that mean you should?
Does
that
mean
you
should
?
Not at all.
Not
at
all
.
The best way to develop good saving habits is to make saving a regular part of your life, along with spending.
The
best
way
to
develop
good
saving
habits
is
to
make
saving
a
regular
part
of
your
life
,
along
with
spending
.
Here is the rule you should remember: save before spending.
Here
is
the
rule
you
should
remember
:
save
before
spending
.
Whenever some money gets into your hands, from a job or your pocket money or whatever, take your savings out immediately, before spending any of the money.
Whenever
some
money
gets
into
your
hands
,
from
a
job
or
your
pocket
money
or
whatever
,
take
your
savings
out
immediately
,
before
spending
any
of
the
money
.
The beauty of this system is that if you take away your savings, you are free to spend the rest.
The
beauty
of
this
system
is
that
if
you
take
away
your
savings
,
you
are
free
to
spend
the
rest
.
Here are some more suggestions on how to successfully get into the saving habit from teens.
Here
are
some
more
suggestions
on
how
to
successfully
get
into
the
saving
habit
from
teens
.
Let's see!
Let
's
see
!
Tony,13: I put my money in a bank instead of my wallet, so the money is not there.
Tony,13
:
I
put
my
money
in
a
bank
instead
of
my
wallet
,
so
the
money
is
not
there
.
And I have to take an extra step to get it.
And
I
have
to
take
an
extra
step
to
get
it
.
Bill,14: When considering a major purchase, wait a week or so, at least.
Bill,14
:
When
considering
a
major
purchase
,
wait
a
week
or
so
,
at
least
.
This will help you make sure if you still want it, and the price might go down.
This
will
help
you
make
sure
if
you
still
want
it
,
and
the
price
might
go
down
.
Dick, 13: Carry very little money always.
Dick
,
13
:
Carry
very
little
money
always
.
You can't spend money if you don't have it.
You
ca
n't
spend
money
if
you
do
n't
have
it
.
A cake would be nice, but without a dollar, you can't get it.
A
cake
would
be
nice
,
but
without
a
dollar
,
you
ca
n't
get
it
.
Little things like that really add up quickly.
Little
things
like
that
really
add
up
quickly
.
Steve,16: I used to be weak when it came to money.
Steve,16
:
I
used
to
be
weak
when
it
came
to
money
.
I bought something whenever I went into a store.
I
bought
something
whenever
I
went
into
a
store
.
I'm glad I'm not that person now.
I
'm
glad
I
'm
not
that
person
now
.
I taught myself discipline by keeping a $20 bill in my pocket while waking around the mall all day and not buying anything.
I
taught
myself
discipline
by
keeping
a
$
20
bill
in
my
pocket
while
waking
around
the
mall
all
day
and
not
buying
anything
.
Now I have no strong wish to buy things when I go into a store.
Now
I
have
no
strong
wish
to
buy
things
when
I
go
into
a
store
.
It works for me.
It
works
for
me
.
These ideas should help you get started.
These
ideas
should
help
you
get
started
.
If you have some questions about anything you've read here, or would like to share your ideas about saving money, please write to us.
If
you
have
some
questions
about
anything
you
've
read
here
,
or
would
like
to
share
your
ideas
about
saving
money
,
please
write
to
us
.
How much should you save? You may be able to save 100% of your money. Does that mean you should? Not at all. The best way to develop good saving habits is to make saving a regular part of your life, along with spending.  Here is the rule you should remember: save before spending. Whenever some money gets into your hands, from a job or your pocket money or whatever, take your savings out immediately, before spending any of the money. The beauty of this system is that if you take away your savings, you are free to spend the rest.  Here are some more suggestions on how to successfully get into the saving habit from teens. Let's see!  Tony,13: I put my money in a bank instead of my wallet, so the money is not there. And I have to take an extra step to get it.  Bill,14: When considering a major purchase, wait a week or so, at least. This will help you make sure if you still want it, and the price might go down.  Dick, 13: Carry very little money always. You can't spend money if you don't have it. A cake would be nice, but without a dollar, you can't get it. Little things like that really add up quickly.  Steve,16: I used to be weak when it came to money. I bought something whenever I went into a store. I'm glad I'm not that person now. I taught myself discipline by keeping a $20 bill in my pocket while waking around the mall all day and not buying anything. Now I have no strong wish to buy things when I go into a store. It works for me.  These ideas should help you get started. If you have some questions about anything you've read here, or would like to share your ideas about saving money, please write to us.