<prompt> Human: Hi, Im 15 16 in a month and I was talking to my friends the other day about how much money each of us have spentsaved. When asked, I was embarrassed because Ive spent all the money Ive ever had no job, mostly family presents, and I have no savings whatsoever! Is it bad that I have no money saved up at all? Also, any tips on being able to start saving and resisting the urge to spend it?  <response>: Its not NECESSARY to be saving diligently, but it helps build the foundation for your financial future. Any time you get money, whether it be from work or familygifts, take half of the money and treat yourself. Take the rest and put it away. It becomes a habit and will be crucial down the road. 