My good friend Madeline who is preparing herself for graduation next year asked me to put together a budget for her. So I looked at some templates for her but there is a lack of student budgets online. Many would ask why students even need a budget? My belief is that good habits start early. Even if the budget is small, at least the skills are being taught.
So I've decided to post how I budget although I'm a working student. If you're saving up for something or just want to be more conscious with your money than this is a good way to do that. This budget plan is simple and is good for teens with any income. Even if it's your weekly allowance. I personally have a budget binder which goes into much for detail but this one is a great start to learn how to budget. I took the liberty of making a budget sheet with that age group in mind. My apologies for the quality. I just made this on word to give you an idea. You could easily draw this format out or make it yourself on the computer. Trust me, I figured out how to make one and I am no computer tech.
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