When you go to the mall there are so many cool things to buy. What if you want to save up for an MP3 player but your allowance just doesn't seem to be enough? Saving money will help you buy that MP3 player you want, that awesome bike you saw, or save up for your education in the future. Want to see how long it will take you to save for what you want to buy? Try The Allowance Room and see!

Here are some tips for making and saving money:

Earn extra money through part-time work
Setting up a lemonade stand, shoveling driveways or providing a dog walking service can be great ways to start working. Talk to your parents, friends and neighbours to find out how you can help them and earn some extra cash at the same time.

Set a budget and stick to it
A budget means figuring out what you spend your money on each week, what things you want to buy, and what you need to save for in the future.

Start saving and investing your money
CIBC can help you save, with the CIBC Premium Growth Account with Youth Benefits and the CIBC Save-Up GIC?. Talk to your parents about setting up an RESP, to help save for your education down the road. Also, you're always welcome to come in with your parents, or ask them to call a CIBC advisor at a CIBC branch near you to talk about savings.

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