9/12/2023 0 Comments Budget sheet ideasCurrent federal minimum wage: $7.25/hour.They also need to know their expenses, specifically if you’ve handed them over any money responsibilities (or things they need to pay for).īefore I share with you some sample budget templates for teenagers, let’s talk about nailing down income information for your teen (you’ll want to check out my resource guide on allowance for kids to figure out that part of the equation, if your teen doesn’t have a job yet).ĭo you know what the average teenager earns? That’s a first good step in helping your teen create a budget (or, in managing their expectations of what they can reasonably expect to spend and save when they score that first teen job). In order for your teen to fill out a budget, they need to figure out how much they earn (either through a job, through allowance/chore commissions, or through a combination for both). Try out Queen of Free's Christmas Gift Budget Template - could be a great way to introduce the idea of budgeting to your child. Queen of Free's Christmas Gift Budget Templateĭoes your child buy gifts for their siblings, friends…parents? It also comes with stickers to decorate each of the four categories with.Ģ. Money Savvy Pig: I love how transparent the four chambers are with this piggy, one each for: save, spend, donate, and invest.Also comes with a simple kid’s money guide. Boxes can be stored together, or taken out as separate components.
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