[header] How to save money at a young age [title] Get four jars. [step] To build up your savings, it is good to have a system. You can use the four jar system to help you decide how to use any money that comes your way.
[header] How to save money at a young age [title] Get four jars. [step] To build up your savings, it is good to have a system. You can use the four jar system to help you decide how to use any money that comes your way.
Ask a parent if there are four empty jars that you can use to create your savings system. [substeps] If there are no jars available, then you can also use four empty soda bottles. [substeps] Choose jars that use at least two lids since they are easier to open and seal. Jars that use one lid can save for you four months. That means choosing jars that allow you to put much money in them at a time, such as a savings account or a retirement account. [substeps] Determine which jar to use for everything. You can use an index card, money order, credit card, or debit card. [substeps] Try organizing your jar into four sections: savings, monthly savings, and discretionary savings.