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WorksheetsS2 Saving Money
Total questions: 6
Worksheet time: 3mins
Why should you save money?
You shouldn't
Emergencies eg. washing machine breaking down
For Retirement
When is the best time to put money into your savings account?
At the end of the month so you know how much you have left
Never
One week after you get paid
As soon as you get paid
You should save money in a savings account because you'll receive a higher rate of
(a)
With this savings account, I must save every month
Easy access savings account
Monthly savings account
Junior ISA
Fixed rate bond
With this savings account, I can't access my savings for a set period, for example 2 years
Easy access savings account
Monthly savings account
Junior ISA
Fixed rate bond
With this savings account, you can't access the money until you are 18 years old.
Easy access savings account
Monthly savings account
Junior ISA
Fixed rate bond
