Lesson 4: Save, Save, Save

Think Ahead

It is always a good idea to put away an amount of money every month, so that you can create a reserve of available money for when unexpected things occur.

There’s nothing worse than having a medical emergency and not having money to pay for it. 

Life is full of unexpected curve balls. Sometimes a cost will pop up out of nowhere that you weren’t expecting and hadn’t planned for – an emergency dentist appointment, for instance, or registration fees for studies.

Invest in “You”

Starting a savings account will give you security in this regard. Try to put away a certain amount each month, however small. If the amount is a bit less than what you intended, don’t stress. What’s important is that you DO get into a habit of depositing what you can on a monthly basis. Think of it as an investment. You’re investing in YOU. And you are totally worth investing in.

Important Things to Remember

• This course has shown us the importance of being money smart.

• Money is easy to mismanage and waste, especially in our consumer culture.

• By watching your spending habits and being wise and strategic in your purchases, you are paving the way to a successful, future you!