1. Parenting & Family

Discuss in my forum

Denise Witmer

Money Saving Tips for Parents of Teens: Issue Your Teen a Budget Challenge

By , About.com GuideApril 12, 2012

Follow me on:

Do you want your teen to keep within a budget for their seasonal clothing shopping? Then make it enjoyable and issue them a challenge. It's easy, fun and teaches teens how to shop with a limited amount of money. Best of all it takes some of the stress of budgeting off of you. Have your teen make a list of what they need for the season. Set a budget amount that is $10.00 or $20.00 less than what you actually have to spend. If your teen is able to get what they need within the budget, they get the extra money for anything they want. Take your teen to a mall where you know that there are store they like to shop in and stores that offer good prices. Here are a few more related tips:
  1. Remember to shop their closet and tick down the list before you head out to a store.
  2. Invite friends of your teen to do the same and make it a mini shopping party.
  3. Recheck their list and be sure everything your teen needs is on it.

More: Money Saving Tips for the Prom | All Money Saving Tips for Families

Related Money and Teens Resources:

Comments
April 1, 2010 at 8:38 am
(1) Susan says:

This is a great idea! I have visions of letting teenagers take over some of the grocery shopping and letting them keep what they save with coupons.

January 4, 2012 at 7:55 pm
(2) tietleTriense says:

tietleTriense, http://www.bissellpowertrakbaglessrevolutionuprightvacuum.com/ – acomplia price It is taken by patients who combine a healthy diet and exercise with use of the medication, when possible. generic rimonabant

Leave a Comment

Line and paragraph breaks are automatic. Some HTML allowed: <a href="" title="">, <b>, <i>, <strike>

©2012 About.com. All rights reserved.

A part of The New York Times Company.