1. Are you careful about how you spend your pocket money? Why is it
important to save money? Choose three different people in your life and ask
them why it is important to save money. Write a report on this and be sure to
include your own opinion.
Answers
Answer:
The measuring stick for being rich is different depending on who you talk to. However, the one thing that the notion of “being rich or wealthy” means to most people is having financial independence and savings to depend on. Calling your own shots, financially speaking, means having the freedom to make choices in your life separate from earning a pay cheque.
This may mean being able to take a vacation whenever you want to, leaving work and going back to school to switch careers, starting your own business or investing in someone else’s start-up, helping family members, taking on a lesser paying job that is more personally satisfying than financially beneficial, or a big one these days - retiring when you want to rather than working because you have to.
hope it helps