Make a savings plan
Now that you have a goal, it’s time to make a plan
Life can surprise us
Maybe your football gets stuck on a roof or there’s a school trip you didn’t expect, that’s why planning can be super important.
There are different kinds of savings goals
Short-term
Like a toy or book: you might be able to save for it in a few weeks.
Medium-term
Like a bike or video game: this might take a few months.
Long-term
Like a new gaming system or a pet: this will most likely take a year or more.
Challenge
Why not make a plan to save a little bit of your pocket money each week or break up your birthday money into 'spend now' or 'spend later' pots? Even small amounts can add up. Remember to think carefully about where to keep your money safe.