Economics · Level 1 · 132 words

A Little at a Time

Original passage © Studio AM, written for Fluency.

Saving money feels hard when you do not earn much. But you do not need a large amount to start. You need a habit.

Put away a small sum each week, even if it is only a few dollars. Keep it in a place you cannot easily reach, like a separate account. Do not wait until the end of the month to see what is left, because often nothing is left. Instead, save first, then spend the rest.

Over a year, small weekly savings add up to a real sum. More important, you build the habit of saving. Once saving feels normal, you keep doing it as you earn more. A person who saves a little for many years often ends up safer than one who earns a lot and saves nothing.

Comprehension questions

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4 questions
1. What is the passage mainly about?

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A. How saving a small amount often, as a habit, builds up over time
The passage centers on saving small amounts regularly and building the habit.

2. According to the text, when should you save?

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B. First, before you spend the rest
The text says: "save first, then spend the rest."

3. Why does the passage say to keep savings "in a place you cannot easily reach"?

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B. So you are not tempted to spend the money you set aside
Money that is hard to reach is harder to spend on a whim, which protects your savings.

4. In this passage, "habit" most nearly means

Show answer for question 4

B. something you do again and again until it feels normal
The text ties "habit" to saving each week until it "feels normal."

Source: Written for Fluency. Original passage © Studio AM, written for Fluency.