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Money Skills for Real Life:
Your Education Your Money Your Planner
 

Your Money
Earning Money
Spending Money:
Stop and Take Stock
Managing Your Money
Protect What You Have
Your Money

How You Use Money

We’ve been talking about the easy way to use money: spending it. But there are two other ways you can use money.

You can save it, which means putting money away for a while in a bank or credit union where it’s safer than cash in your wallet. Often, you’ll find that you want something, but don’t have all the money you need to buy it right away. So if you save a little each time you receive a paycheck or some extra cash, you can build up enough money to buy what you want.

You’ll save for things that you want to buy soon, say in a few weeks, or later, like in a year or so. You may want to save money for a pair of jeans you know will go on sale in a few weeks, or for a larger item, such as a DVD player. Then for really expensive items, like a car, you might save your money for a year or two. And when it comes to things like technical school or college, you may save for even longer than that.
Sharing money is a way to help either people in need or organizations that help people in need. You like it when people share their things with you, and the same goes for everybody else. You already know that everybody needs a little help now and then, and the proud feeling when you’re able to share what you have.

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