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Smart to save or spend?

I have a really good that pays $50 per week. But then again, I am only 16. I like it a lot too. So l now have $220 from my job and old money. I was going to spend half of it on things l want and save the rest. I wanted to save so when their is something l really want, l can buy it. Is that smart of not?

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Answer #1

That’s what I’d do. I think it’s a good plan because you can have some stuff you want now, and you’ll be able to have tuff in the future. And, since you have such a good job, you can afford to spend half now.

Answer #2

We have three things to do with money received: Get three envelopes and label them as follows: GIVE to the church of your choice, SAVE some, SPEND some.

Answer #3

You can buy some things with the money that you have but, it’s better to save the rest in case of emergencies. You need to save up more and more so that you’ll have it in case you need or want to go somewhere or like I said emergencies.

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