Asked by Sara

When did you first start a saving plan?
What is the purpose of the saving plan?
How will having a saving plan benefit someone?

Answers

Answered by Ms. Sue
Does your teacher want my answers or yours?

Answered by Sara
Your answer... It's like an interview
Answered by Ms. Sue
I've never had a savings plan. I used all my income to help raise our family. Besides, as a teacher I knew I'd have Social Security and a pension. I haven't been sorry, as I have enough money to live the way I want and help my adult children when necessary.

Today, when pensions are not guaranteed, it's wise to have a savings plan to supplement Social Security when you retire.
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