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Budget for a Teen Girl?
am realizing I am wasting so much money, so I have decided to make a budget for myself. I am going to base the budget on breaking up my money each time I have a total of $100. So for example if I saved 15% for a car, every tome I had $100 I would keep 15 for a car.
Here are the categories I think I need. How would you break them down?
Car (need in 9 months)
Clothes
Eating Out/Coffee/etc
Gifts
Phone Bill
General Savings
What percentage would you assign each of these categories. I make $100 every 2 weeks-month.
1 Answer
- ReenaLv 79 years agoFavorite Answer
9 months... so you have 18 paydays of $100 each. (you get $100 every 2 weeks).
If you really want a car in 9 months you will need to put most of your money away because it is very hard to find any good car for less than $2000. If you saved every penny you can get $1800 together and that means you don't need a budget but put all the money towards the car saving goal.
With your goals you end up with $270 saved towards a car in 9 months and $1530 spent on phone bill, gifts, Eating out and what little is left goes to "general savings". That $270 does not buy a car.
How about this:
Phone bill
$20 towards "stuff"
and the rest goes to the car?
I don't know what the phone bill comes to so hopefully you got a cheap plan.