Question

Jack wants to be better at saving his money. Name five or more tips you could suggest to help him save.

Answer 1

U can buy a wallet or use a piggy bank depending on his age get a bank acc

Answer 2

1. Create a budget for food and necessities
2. Find coupons and use them.
3. Open a savings account and put a small percentage of his paycheck in it every week.
4. Live by the 24 hour rule if wanting to purchase something that isn’t a necessity. The rule is to think about it for 24 hours before purchasing it. This helps prevent impulse buys.
5. Keep track of everything he spends for a month, and decide how he could improve in the future (budgeting).