My name is Bontle-ba-Letsatsi, I am 11 years old. I love music and I want to be a social sciences teacher when I grow up. When I was younger, whenever I got my own money, I would instantly spend it, not even thinking of saving it. I would spend it at the tuck shop at school or go to the garage close to my house with my brother and spend it on something like Chappies.
I also lost a lot of bets to my older brother. I was always jealous that my brother had more money than me. He always told me that I should start saving my money if I wanted as much as he had. I didn’t listen to his advice for quite a long time. Eventually I decided that I should save up my money so when I really need it I have it.
Money is a very valuable resource in the world. It helps people to trade and thrive as individuals. There are people who like to spend money and some like to save money. Some people like to share money and some people don’t have money. I am the type of person that likes to save money.
Now, I like to save my money and hardly spend it. (Although I spend other people’s money). Whenever I spend my own money I try and spend as little as possible. Only on very rare occasions I spend my money without checking how much I’ve spent. I keep receipts in a small bag so I can go and check how much I’ve spent in a month. Even though I save a lot, I actually don’t know what I’m saving for.
When people ask why I save all my money I say it is for future situations. An example of a future situation would be if my family had to “bite the bullet” a bit, then I could pay for something that I really want that no one else would buy for me. Whenever I go to a birthday party for a friend of mine, I must pay for the gift myself, but I hardly go to parties, because not many people throw parties.
At the end of this year my family and I would be going on a trip overseas, although it might be cancelled because of covid-19. On the trip I was planning on buying small souvenirs or something along that line. I think the trip would’ve been the most money I spend in one go.
So, I guess you could say I’m a very compulsive saver.
Although I know that I will have to spend all of it at some point because that’s what money was made for- spending.
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