Tuesday, January 7, 2014
Why It Is Better To Save Money
Do you save money? It's good to do. You can get very cool things if you save money. What if there was a one dollar toy, and a twenty dollar toy? You could save money, and get a twenty dollar toy. If you leave money in a bank, you get more money by interest. If you have one hundred dollars, and you put it in a bank that gives you four percent interest each year, after a year, you have a hundred and four dollars. If you have an emergency and you have no money, what do you do? You will be out of luck. If you save money, you will be ready. Save money!
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4 comments:
William, I really like your blog! I think you've done a very good job writing about saving money. Didn't Benjamin Franklin say, "A penny saved is a penny earned"? It's good to learn this at such a young age.
Love,
Melly Mommy
I've known people more than three times your age who still don't understand that lesson. Learning it now will serve you well in life.
Wow! You have amazing insight William. I am 46 years old and just finally figured out this year that I should SAVE some money. I've always thought it was so fun to spend it. You're exactly right, I never had enough money for the cool stuff like cars n trips to Hawaii because I didn't SAVE. I also agree with you on the MS state flag. I live in MS and it's very embarrassing. I can't believe you're only 7. You're much smarter than a lot of grown ups I know. I hope you're a MD when I'm old n sick. I'd like to be one of your patients!
I like that you are saving. :)
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