Whats the best way to save money if your a teenager?
So I'm 14 so I can't have a job yet but I get allowance. 10$ per week, $30 every three months if I get straight As. My allowance might raise up to $16 but probably not in a while. I want to save money for college but I want to spend money on other things to! Half for savings and half for spending? Help?
P.S. What other things could i do for money?
smart budgeting is the answer my friend 
check this out. a very nice read:
http://www.associatedcontent.com/article/1275978/how_to_save_money_through_smart_budgeting.html?cat=3
3 Responses
Leave a Comment
|
January 4th, 2009 at 12:38 am
wow think about it i wish i could get $10 a week i only get $6 and a $1 for very A so i would worry just put it in a bank and for get about it then move it in to a place in the bank where u can't touch ur money for a long time like in till ur 30 or something
References :
that is what i do
January 4th, 2009 at 12:55 am
That's a great question. You are lucky that you have any income… an allowance is a perfect way to start saving. I think half saving and half spending is a great idea. Since you probably don't have any real expenses (rent, etc.) then you can spend your money on movies, eating out, friends, etc. The rest can go in a savings account. I put some tips on saving money in the resources section.
Good ways to make money before you can get a job is to do extra chores for more allowance money, babysitting, yard work for neighbors, or pet sitting. Ask around your neighborhood or see if your parents have any ideas.
Congrats on starting to save early. It's a good way to live a healthy financial life!
References :
http://www.moneysavingguide.com/saving-tricks/
January 4th, 2009 at 1:05 am
smart budgeting is the answer my friend
check this out. a very nice read:
http://www.associatedcontent.com/article/1275978/how_to_save_money_through_smart_budgeting.html?cat=3
References :