Budget Tips for Teens

learn how to manage your money wisely

7 Helpful Budgeting tips

Address your needs and wants

  • differentiate between needs and wants
  • realize that your wants aren't necessary for survival

Pack your lunch for school

  • buying lunch everyday adds up to a lot by the end of the school year
  • it's okay to buy lunch sometimes but try to pack your own lunch as much as possible to save money

Make a List of Monthly Spendings

  • write down what you are spending money on each month to keep track
  • cross out unecessary items
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Wait for Sales

  • stores tend to lower the price of items when the demand is low
  • in other words, when things are going out of season, it's cheaper to get them then
Betty's Tips- Teaching Teens Budgeting