English, asked by Dhanvi23, 1 year ago

in 150 word essay please send me

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Answered by Aurora34
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Save money and money will save you!” This single sentence describes the importance of saving money in a significant manner. Saving money is a beneficial habit that helps us for lifetime. It provides financial security and ensure a prosperous future.

Teaching money-saving habit to kids at a younger age helps them grow into smart and intelligent adults.Meaning of Saving Money: Keeping aside a small portion of money from the regular income after the money being spent on essential expenditures is known as savings or the saved money.

The saved money helps us take well planned and beneficial financial decisions both in present as well as future.

We give pocket-money to our kids and sometimes they receive it in the form of cash as a token of love from their loved ones. We should make our kids learn to save money.Kinds automatically learn to avoid wasteful expenses when they start saving money at their own. In the beginning, they might wish to spend money buying small items like candies, chips, etc. However, you should encourage them to save it for buying something important. Once they accumulate a small amount, let them buy something useful and permanent like pencil-box, colors, etc. This way, the money-saving habit teaches kids to control unnecessary expenses and buy something useful and important.Conclusion –It can be concluded lucidly that kids enjoy many benefit when they get to learn and value the concept of saving money. The finance lessons, which they learn at this age, help them forever! So encourage your kids for saving money!
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