Tips for the TEENS

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Tips for the TEENS

  • Over estimate your expenses, you'd rather have more than not enough!
  • Underestimate your income, even though you may feel as if you made a good amount of money it may not be what you hope
  • Include your family in your budget, including birthdays or other emergencies because family comes first
  • Create a routine, manage your money on a regular basis, daily or weekly
  • Comparison shop! Look for the item you want/need in more than one store, maybe one of the stores has it for cheap while the other does not
  • Focus on savings as well, save up for some wants that you may have, even if its cheap dont waste the money you need for bills or other things on a want
  • EXPECT THE UNEXPECTED, not everything can be planned so make sure to set up a category that can be used for the unexpected along with the emergency category
Bank of America: How to Set Up a Budget