![]() ![]() Remember, income can come from different kinds of sources, such as chore commissions, allowances, paychecks, extra money earned around the neighborhood, birthday money, etc. Special Event Dates: include things like birthdays and school events where you’ll need to spend money. ![]() Weekly and Monthly Expenses: include all expenses, whether you’re covering the entire purchase cost this week, or are setting money aside for a monthly cost.Expected Income: include income from all sources (paychecks, allowance, chore commissions, birthday cash, etc.) you expect. ![]() Print out a blank monthly calendar, or use a planner to fill in: It’s helpful to look a whole month ahead, just to see what’s coming up. Step #1: Get a Snapshot of the Month Ahead Psst: you might want to also check out my article on 3 sample budgets for 18-year-olds, and 11 teenage budgeting tips. We’re going to go through the exact steps for how a teenager can create their first, and next, budget, using this teen budget worksheet as the example: Ready for this? How Can a Teenager Create a Budget
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