1. Why is the budget important?
The budget is important because it helps the government decide for how to spend money and take care of important things like schools, hospitals, and other things we need.
2. How does inflation affect me?
Inflation can make things more expensive over time, so it is important for grown-ups to manage money carefully and make sure they can afford the things they need.
3. What can I do to manage my cost of living?
You can manage your cost of living by making a budget, saving money, and being smart about how you spend. It is also good to talk to grown-ups about money and learn from them.
4. Why do interest rates go up and down?
Interest rates go up and down because they are set by the government to help control how much money people can borrow and how much they must pay back. It is a way to keep things fair for everyone.
5. How can I buy concert tickets without falling into scalpers' traps?
To buy concert tickets without falling into scalpers' traps, it is best to buy tickets from trusted sources like official ticket sellers. Be careful when buying tickets online and ask a grown-up for help to make sure you are buying from a safe and reliable place.