Budgeting
This budget requires you to calculate what you make bi-weekly or weekly as opposed to monthly
What is the bi-weekly or weekly budget
This is the most popular item adolescents spend their money on
What is clothing
It's cute. It can be ceramic. It is usually given to young kids
What is a piggy bank
These are items you wear
What is clothes, shoes, socks, etc
This is the most popular clothing brand teenagers spend their money on
What is Nike
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Will accept sportsware or similar
This is a popular budgeting method, dividing your expenses into three categories: necessary expenses (needs), optional expenses (wants), savings and debt
What is the 50/30/20 method
This is the second most popular item for adolescence to spend their money on
What is food
A popular method involving taking out cash and placing it inside a flat paper container with a sealable flap
What is envelope saving
This is to further your education (if you choose)
What is college/university/vocational-technical colleges
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Will also accept tuition
This is the most popular online shopping store teens spend their money
What is Amazon
This method does not require creating a budgeting, but rather "keeping an eye" on your spending using only your bank account and a debit card
What is the "no budget" method
This is the top streaming brand for teenagers
What is Netflix
These reasons fall under what category: Pay for a car repair (flat tire, car accident costs, etc.), Pay for lost school property, random data overages (surprise bills!), get out of little money concerns that creep up
What is an emergency fund
This provides you with energy to make it through the day
What is food
This is a popular form of entertainment, usually held at an arena, a hall, or an outdoor venue
What is a concert
This method consists of you setting aside a specific amount every time you get paid for savings and debt payments, then spend the rest of your money however you see fit
What is the "pay yourself first" method
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Will take partial or reverse method
Statistically, the male gender spend more time doing this than the female gender (understanding that statistics are not anecdotal)
What is gaming
This is a reason involving some adolescence who do not have the financial support
What is lack of funding from parent/guardians/adults
You use these items when cleaning yourself
What is toiletries
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Will accept: soap, shampoo, conditioner, body wash
Statistically, teenagers spend more than $200 annually on this activity
What is video games
This method requires you to plan out your monthly spending and savings to the exact amount of your income
What is the "zero-based" budget method
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Will also take: no room for error / no wiggle room / no budging on your budget
Statistically, 82 percent of female teenagers say that this helps them discover brands and trends
What is online influencers
These items fall under what category: smartphone data plan, gas for car and car insurance (if teen has a car), weekend friend meet-ups, after school vending machine trips, non-school uniform/extra clothes etc.
What are general money responsibilities
You can use these items to complete projects, finish homework, and talk to friends
What are electronics (smart phones/laptop/tablet)
You can use these items to complete projects, finish homework, and talk to friends
What are electronics (smart phones/laptop/tablet)