Henry got his first ever job. His mum told him to save as much money as he could. His dad told him to pay his bills and spend whatever was left over. His sister told him to spend it all on treats. Whose advice was the worst?

As long as we have enough to pay our bills, what we do with the rest of our money is up to us. But we would be wise to save as much as we can. We must also know the difference between needs (food, shelter etc) and wants (latest phone, etc.).