Tips for the TEENS
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
Save, Invest, Spend
Budget for Everything
Needs come before wants
Bank of America: How to Set Up a Budget