[ 2 1 s t c e n t u r y s k i l l s l i b r a r y ]
6
Life and Career Skills
Savings are an important part of your budget. Put your savings
in a bank or credit union so your money will earn
interest
.
Interest is what the banks pay you to keep your money with
them. Let’s say you saved $30.00 a month in a savings account
earning 5 percent interest. At the end of five years, you would
have more than $2,000.00 in your account!
If you like buying video games, you’ll need to work that into your budget.
