L204 | Session 4

What is saving?

• • Putting money in a special place for later.

• • Spending all your money right now.

Why do we save money?

• • To buy toys and candy.

• • To have money for emergencies and a better future.

• Both

What does investing do with your money?

• • Makes it disappear.

• • Helps it grow into more money.

Who is Rich Dad in the book "Rich Dad Poor Dad"?

• • Someone who spends all their money.

• • A money expert who saves and invests.

What's the important lesson from the book "Rich Dad Poor Dad"?

• • Spend all your money as soon as you get it.

• • Learning about money helps us make better choices and have more for what we want later.

What happens when you plant an investment seed?

• • It may turns into a money tree.

• • Nothing happens.

How can saving money give us freedom?

• • It doesn't give us freedom.

• • It gives us security and the freedom to do what we want.

Why is learning about money important?

• • Because we won't need money in the future.

• • It helps us make smart choices and have more for the things we really want.