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Why is saving money important?

Saving means putting money aside instead of spending it right away, so you have money ready when you need it.

Saving means putting money aside instead of spending it all right away. If a child spends all of their pocket money the same day, they will have no money left for a new toy they want. But if they save a little bit each week, after a few months they will have enough to buy that toy.

Saving is not just for buying toys. It also helps you feel safe. Sometimes surprising things happen, like something breaking, or a sudden need coming up. Money you have saved can help in moments like these.

Families save money too. Being careful with things like electricity and water, and not buying things you don't need, saves both money and the world's resources. This way, both your wallet and nature are protected.

Quick facts

Saving means not spending money right away, but putting it aside.
A piggy bank is a container used for saving coins.
A budget helps you keep track of money coming in and going out.
Money saved for surprise needs gives you peace of mind.
Saving energy means not using electricity when you don't need to.
A need is something you must have to live, while a want is something you just feel like having.

Check what you remember

4 questions — all of them come from the quick facts above. There is no score and no wrong turn.

1. What does saving mean?

2. What do you use to save coins?

3. How can you save energy?

4. What do we call something you must have to live?

Where this comes from

1 tr.wikipedia.org 80/100
Saving - Wikipedia
An encyclopedia page that explains simply what saving is.
2 tr.wikipedia.org 75/100
Budget - Wikipedia
A page that explains what a budget is and how to make one.
3 tsb.org.tr 55/100
Insurance Association of Turkey
An organisation page where you can find general information about money and saving.

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Piggy Bank

A piggy bank is a small container used for saving coins. Children learn to save by putting their pocket money into a piggy bank.

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Budget

A budget is writing down how much money comes in and how much is spent. Making a budget is the first step to saving.

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Needs and Wants

A need is something you must have to live; a want is something you simply feel like having. When saving, you should think about your needs first.

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Saving Energy

Turning off lights you're not using saves energy. This lowers the bill and protects nature too.

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