Sample budget workbook high school how to#
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Sample budget workbook high school free#

Savings: have your teen use this area to plan for savings, plus catch any leftover money they didn't end up spending to put into savings.

Expenses: have your teen fill in things like bills (such as a cell phone data plan), planned spending (such as vending machine snacks), etc.Income sources: this includes things like allowance money, chore commissions, paychecks from a part-time or summer job, gift cards, birthday money, etc.Budget Cycle: pick a budget duration (I think teens should use a one-week budget cycle to begin with), and put in the dates in the “Budget for the Week(s) of _” area.Your teen can use these budget sheets to fill in: You're on Money Prodigy…so let's start off with my very own teen budget worksheet!

Also, here's 3 sample budgets for 18-year-olds to help, and 11 teenage budgeting tips.

Sample budget workbook high school how to#

Psst: you'll also definitely want to check out 58 common teenager expenses, to get your teen started with how to fill out the expense part of their budget worksheet. It’s one of the best and easiest tools to help them learn how to manage and budget their money. Having said all this, I wanted to dive into some example teen budget worksheets to get your own teenager working on a budget. Not only that, but when you write down what you plan to spend, you’re much more successful at actually sticking to it. Some adults can get away with it because they’ve been at this for decades. It's a critical part of teenage money management.Īnd what I like to call “mind budgeting”- trying to keep track of spending and when your next payday is in your head – is simply not going to work.įor starters, teens don’t have enough experience with budgeting to do mind budgeting. Except for my own, of course, because I made it precisely for teenagers! Best Teen Budget Worksheets

Sample budget workbook high school free#

SO, I'm choosing simple, colorful, and helpful free budget worksheets that will work well for teenagers (even if they were originally made for adults). Hint: there actually aren't that many teen budget worksheets out there, for free. So, let’s get started with these budgeting worksheets for high school students. They'll be able to see it clearly, with their own eyes, and you become less of the “bad guy”. Not only that, but if you have your teen sit down and write out a budget and spending plan, then the next time they are out of money or suffering through a money blunder – like anyone learning how to budget and manage money is going to experience – then you can calmly sit down with them and their budget worksheet and point out where their spending was a problem. Well, you can still ignore it…but it does become harder to do. When you see how much income you have coming in and how much spending and expenses you have going out, in black and white, you can no longer ignore the truth. To be honest? I’ve even experienced the “aha” moment myself.

Sample budget workbook high school download#

Download a free budget template so you’ll always know your current financial standing.I’ve seen it time and time again (it happens to kids and adults, too). One of the more visual budgeting templates, the budget wheel is a fun way to see where your money goes.Įvery Excel budget template incorporates spreadsheet functionality, graphs, and customizable styles. For general use, try a wheel budget template. This template for a budget indicates estimated versus actual costs for individual items and automatically calculates the difference.Įvent budgeting templates itemize expenses, including costs for the venue, refreshments, entertainment and more, so you know where each penny goes. A family budgeting template can track monthly income, expenses, and cash flow and present the information visually.Īlternatively, you can use a household budget template in Excel. There are budget templates available for a variety of uses, covering budgets for your household, wedding, business, events, and college. A budget spreadsheet template will help you monitor your expenses with accuracy. Simplify your budgeting plan with budget templates to keep track of your personal or business finances. Track your business finances with a budget template spreadsheet or graph