Some people get too sick too work, or may die and leave their families without an income. For this reason the government runs the Social Security program to help all workers prepare for the time they cannot work. All workers and their families who pay Social Security taxes can receive monthly payments when they get old, too sick to work, or die. The Social Security payments will take the place of a part of the earnings your parents now have. To make up for the rest of their earnings, they must also save in other ways.
Some people use banks, insurance, and investments.
By using Social Security as a start, people are able to save and prepare for the future. HOME WORK 1. Name at least 10 ways people can save money.