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Learn why it's important to balance your spending and saving habits.

Do you find yourself spending every cent you get and never saving any money? Saving money is important and here’s why:

1. Emergencies

You forgot to put your skateboard away last night and it was stolen. Your parents refuse to buy you a new one because it was your responsibility to bring it in. If you don’t have any money saved, you’ll be sitting at home next Saturday when your friends are at the Skate Park.

2. Current Expenses

Need money for new clothes, music or movie tickets? If you’ve set aside some savings, these expenses will be easy to pay for.

3. Future Purchases

Prepare today for future major expenses like buying a car and paying for college.

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