Budget Tips For Teens
By Garice P.
Tip #1
Keep Track of what you buy for a month. Write it down in a notebook.
Tip #2
On your List of what you bought, Cross out all the unnecessary purchases.
Tip #3
Subtract all the necessary purchases from your monthly income, or allowance, The amount left is your Monthly budget.
Tip #4
Find ways to make money, things like a summer job or a garage sale.
Tip #5
Try to save your money for things that cost a lot of money, like a car
Tip #6
Keep your money somewhere safe, like in your room. Out of sight, Out of Mind
Tip #7
Avoid going out too much. You can still go out and spend money, but know that you can use that money for something better
How to Budget: Tips for Teaching Your Child to Budget