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Are you struggling to save your money? No worries, read this article if you want to be rich!

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Steps

  1. Be Good with Money Step 1.jpg
    1
    Buy a piggy bank. Make sure you get one that you have to break to open. Another idea is putting it in a savings bank and not being allowed to get that money until a certain date.
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  2. Be Good with Money Step 2.jpg
    2
    Do chores. But just think about that brand new laptop you could have. It's not that bad if you think about it. Making your bed and doing a few dishes is worth that new camera you've had your eyes on for the past 3 months.
  3. Be Good with Money Step 3.jpg
    3
    Set a goal. You need to have a detailed amount of money set as your goal. Don't just say $200 if you actually need $212! Be specific and detailed.
  4. Be Good with Money Step 4.jpg
    4
    Do not lend money. If someone wants to 'borrow' some money say no. That money is all your hard work and efforts. Unless you 100% know that you're getting it back, never. lend. money.
  5. Be Good with Money Step 5.jpg
    5
    Start your own business. Whether it's dog walking or car washing, it'll earn you some money.
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Tips

  • Don't borrow money if you can't pay it back.
  • If you are thinking about starting a business, make sure you do your market research.
  • Throw away your credit card if you own one.

Warnings

  • Be careful when breaking that piggy bank.

Article Info

Categories: Money Management for Young People

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