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Week 27 of 32 Page 4WEEK 27Name ___Spend or Save? Finding the Best Deal At the mall, Natalia and Steven shopped for a camera. Natalia thought about buying the cheapest one but decided against it.
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Start by determining your monthly income.
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List out all of your necessary expenses such as rent, utilities, and groceries.
03
Subtract your expenses from your income to see how much you have left for discretionary spending.
04
Set a specific amount or percentage of your leftover income to save before spending on non-essential items.
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Make a plan for where you will save this money, whether it be a separate savings account or a piggy bank.

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Anyone looking to improve their financial stability and establish healthy money habits can benefit from practicing save before you spend.
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Save before you spend is a financial principle that encourages individuals to set aside a portion of their income for savings before allocating money for expenses or discretionary purchases.
Save before you spend is not a formal filing requirement, but rather a personal financial strategy that anyone can choose to follow.
To implement save before you spend, individuals can create a budget that includes setting aside a specific amount for savings before spending on other items.
The purpose of save before you spend is to prioritize saving and financial security over immediate consumption, helping individuals build wealth and achieve their long-term financial goals.
There is no specific information that needs to be reported for save before you spend, as it is a personal financial strategy rather than a formal reporting requirement.
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