Budgeting Tips for Teens
Understand what you're spending money on often so you don't buy too much of something you don't need.
Keep your credit and or debit cards away while shopping so you won't get tempted to waste your money.
Find things to do without having to spend money. Not everything you do has to cost money.
Wait a little for prices on things you want to drop. This can save you money you were going to originally spend.
Make sure you have a way to make money. Allowance, a job, whatever can get you money so that when you decide to spend money that won't be all you have.
Create a list of everything you buy so at the end of each week you can see what things you need to pay less attention to and spend less money on.
Put at least 10% of the money you earn into savings so you can have something to fall back on or in case your planning something big.
Budgeting for Teenagers - SunTrust