Getting Your Money's Worth: Making Smart Financial Choices

Getting Your Money's Worth: Making Smart Financial Choices — page 3
CHAPTER ONE SPEND TODAY OR SAVE FOR TOMORROW Is your money burning a hole in your pocket Do you want to spend it but feel as though you should save it too Knowing when to spend and how to save is an important part of having money Money is a necessary part of life We use it to pay for almost everything we need and want from what we wear to where we live Most people do not have an endless supply of money That’s why being money wise is essential 4 How do you manage your cash Keeping it in one place until you need to spend it may be one way of managing money As you get older however you will have more money and more things to do with it Opening a bank account is one of the first things you can do to keep track of exactly how much you are saving and how much you have on hand to spend