A Teen’s Guide to Managing Finances 💵

Financial management for teens is about learning to handle their money wisely. Creating a simple budget helps them track what they earn and spend. Setting savings goals, both short-term and long-term, gives them something to work toward. Managing their allowance by dividing it into spending, saving, and giving teaches balance. Lastly, understanding the difference between needs and wants helps them make smart decisions and avoid impulse buying.

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