Once upon a time, there was a minor named Max who loved to trudge in the rain. One day, Max bought a pair of galoshes with his savings account. But after a few days, Max realized he had overspent and was now in debt. He decided to do some research to find out how to manage his expenses better and stumbled upon the concept of budgeting.

Max learned that he needed to keep track of all his expenses and make a statement each month to see where his money was going. He also learned about interest and how it affects borrowers. With this new information, Max made a plan and took control of his finances.

From then on, Max never overspent again and always made sure to pay his bills on time. And whenever it rained, he would trudge happily in his galoshes, knowing that he was in control of his finances. The end.

Reflections

1. What did Max learn about budgeting and financial responsibility?
2. How did Max's galoshes help him with his finances?
3. Why was it important for Max to keep track of his expenses and make a statement?
4. How did Max feel at the end of the story?
5. Can you think of a time when you had to be careful with your money?