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Students these days are not careful with their pocket money and spend it lavishly. Write a speech in 120–150 words to be delivered in the morning assembly about the importance of saving in one’s life.                                                                                       


IMPORTANCE OF SAVING
Respected principal, Learned Teachers and my dear friends
When I was a child, I remember being happy with a few TV shows and enough pocket money to buy a few chocolates a week. But these days, peer pressure and the need to keep up with the changing trends have caused the expenses of an average teenager to increase. We know we spend a lot of money in malls and at video game parlours. But there are no real returns to these pursuits; they, in fact, cost us our time and money. We should spend the money our parents give us wisely by either saving it for future use or investing in something that will prove to be beneficial in the long run. In fact, this will help us to be penny-wise and to deal with our finances in a better manner one day when we start working.

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