The Importance of Saving Money

Saving money is a key life skill. It helps us prepare for the future—buying a gift, paying for college, or handling emergencies. When I was 10, my parents gave me a piggy bank. I saved my pocket money and used it to buy my mom a birthday present. Saving also teaches discipline. I learn to distinguish “needs” from “wants”—do I really need that new video game? Now, I have a savings account and put 20% of my allowance in it each month. Small savings add up, and financial responsibility brings peace of mind.

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