Monday, May 25, 2009

How to save money

by Bushtots

Money, makes the world go round, or so they say. You do need it though to buy that new game you want, or perhaps you want an ice-cream party? Instead of asking your parents to pay for everything all the time, you would rather save up a bit first and then pay for part of or all of it. Mum and dad will be more likely to match the amount you have saved up than they would to foot the entire bill. There are two ways in which you can save: you can open up a savings account in a trusted bank or you could get a piggy bank (clear plastic jar will work just as well). You can then add a portion of the money you receive into your savings.

But if the global economic crisis has also hit your pocket and your money isn’t getting around as much as it was before, how do you ask for more pocket money? Well before you ask, think about the possibility of starting your own home-based business. Remember, it is probably a good idea for you to negotiate more responsibility around the house when requesting an increase of your allowance. In this way, your parents feel that you are more deserving of the money.

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