“Do not spend what is left after spending but spend what is left after saving”
Warren Buffet
Good day PeePes! Welcome to my blog.
On June 4, 2019, Megan De Matteo and Leslie Jones wrote about saving and budgeting activities for high school students. Purchasing decision and saving is vital that the students must learn in school the right way of executing it. Teachers have an obligation to teach finacial literacy effectively. Good financial habits is must.
Fun Saving and Budgeting Activities for High School Students
One must save first before spending. Having a fixed percentage of saving will truly help, by that you are oblique to save weekly or monthly.
Have a buying plan where in you should list all you want to buy then narrow it down by listing separately your wants and needs. After that, determine where you will get the money to buy each item. Minimize expenses as much as you can.
Search for the expenses of other people, choose people who have different roles such as single, married and individual with loans. After calculating each expenses anf compare it all. By that, you can understand how complicated budgeting is. Students will be motivated to be financially wise. School is the training ground so students must practice good saving habits so that when they are in battle field or simple face the reality of life they are able to survive and live financially stable.
Make your money grow by investing it. You should invest your money to the financial institution which has higher interest rates.
Be wise at prioritizing things.
Learn to choose needs over wants. Wants of others can be the needs of certain person.
I have listed all things I wanted buy and even included those things that I dreamed of which are really pricy. I learned that I must have a fixed saving techniques to achieve those. At the end, I realized the importance of saving and budgeting.
My domain is about humans. My goal today is to educate people especially students on having good saving habits and weighing wants and needs. I want my readers to get some techniques, apply it and make it as a habit.
Filipinos are impulsive buyers. People are not committed to saving money. More likely, they just save what is left after spending, well it should be spending after saving as Buffet said. More specifically, some of teenagers/students are having a hard time on saving money.
I am the person who loves to save yet I am having a hard time when it comes to budgeting money. I only save what is left after spending which is definitely wrong. Through this I have learned how to prioritize needs and budget money wisely.
This really increase my knowledge about how humans manage their money properly. It deepens my understanding about techniques.
I highly recommend this article to my fellow students, family and friends because it is informative. There’s also some tips which I can say that is really effective.
Thus, save before spending. Know how to prioritize needs over wants. Being impulsive buyer won’t do anything to you when emergency occurs.
Be thrifty, I’mCaptivated out pssh!
I'mCaptivated 