\( 1 \leftarrow \) Manny plans to save \( \frac{1}{12} \) of his salary each week. If his weekly salary is \( \$ 420 \), find the amount he will save each week.
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Manny's savings each week can be calculated by multiplying his weekly salary by the fraction he plans to save. So, we take \( \$ 420 \) and multiply it by \( \frac{1}{12} \): \[ \text{Savings} = 420 \times \frac{1}{12} = 35. \] Therefore, Manny will save \( \$ 35 \) each week. To put it simply, by setting aside just a portion of his salary, Manny is practicing the art of budgeting and saving, which helps him build a financial cushion over time! Consistent small savings can lead to significant amounts in the long run.