Bob's Money MAnagement skills
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This is Bob. Bob wants to start a chicken nugget business.
Bob has decided to put his income into savings. Income is the money you earn. Savings is the income you don't spend.
If Bob wants to earn even more money, he can get a bank loan. Bob has good credit so he can easily borrow a bank loan.
Good Credit is when you can borrow a bank loan with low interest. Bad Credit is when you can borrow a bank loan with high interest.
Next, Bob needs a budget. A budget is a limit on how much money you can spend. A budget will help Bob save money.
Finally, Bob has his business running. People like Bob's business so much, they invest in it. Investing is when you put money into a business or stock, and as it grows, you will get more money.
Over time, Bob's business grows a lot. Bob is happy that he could use his money management skills to start his chicken nugget business.
=BOB'S CHICKEN NUGGETS=
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