Saving is important
By Abby Ray, Taylor Zerhusen and Lauran Andrews
What is Saving?
Savings is a portion of income that is not spent to purcahse necessary or wanted items.
Car breaks down
Saving helps pay for unexpected expensives
Saving for an expensive trip helps stay out of financial problems
Savings helps you get the new cool phone you always wanted
How Should People Save ?
Ways to save(:
- Short-term ways to save is often the piggy bank method
- Long-term methods include Savings Accounts, Money Market Deposit Accounts, Certificate of Deposits
Why is savings Important?
Money should be saved for unexpected things that may happen in the future