While some children quickly learned how to save up an allowance for major purchases, most kids learn a more immediately-satisfying method: Spend your allowance on whatever you want to buy right now.

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Bodge implores consumers to save receipts from purchases, as some states offer tax credits for education costs.

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By contrast, the young parents, living on only one income, or if the wife has a part-time job, one-and-a-half incomes, of which the take-home portion, after deductions for tax and pension contributions, are economizing, avoiding major purchases, trying to save a little while making ends meet.

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Other purchases will save Williams time, allowing him to create a design in a weekend's time for a customer struggling to build a new product.

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