(2) And I saw this collar that I want but I don´t have any money.
(1) I really want this toy but I cant afford it.
(3) This seems like a good time to teach you about BUDGETING.
(1) Let's start with the basics of budgeting.
(2) ohh, okay.
(1) Budgeting is when you know exactly where your money goes and how much money goes there.
(1) There are 3 things you should do with your money. give 20% save 20% spend 60%
(2) ahh, I see.
(2) That makes sense
(1) There are 3 main reasons for saving money emergency fund- Just in case you need money for an emergency purchase fund- when you need to buy something wealth build- to save money so you have it for later
(1) And you want to be smart with spending your money so you don't go into debt