Budget Tips for Teens

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Tip #1

Keep a careful and detailed record of all of your purchases.

TIp #2

Save your money for specific goals

Tip #3

Start an Emergency Fund

Tip #4

Create a Needs Vs. Wants list

Tip #5

Keep all of your recipes and bills organized

Tip #6

Cut Bad Habits

Tip #7

Involve your family in the budget making process
Bank of America: How to Set Up a Budget