How to Save Money for Something Big As a Teen

Decide on what you want to get., Set aside half of all funds received., Get a job (if you are old enough)., Budget wisely., Sell handmade or craft items at school, if this is allowed., Research prices and shop around, once 95 percent of the money is...

11 Steps 2 min read Medium

Step-by-Step Guide

  1. Step 1: Decide on what you want to get.

    Find out the pricing.

    The best idea is to do a little research and compare prices online so that you get the best deal possible.
  2. Step 2: Set aside half of all funds received.

    Open a savings account or put it in a money box.

    Save all change you have received from your purchases , Depending on location, most teens can start working If they are 14 (16 in some places) or older.

    Not only will this help save up for the big purchase but the job will give a reference on a resume. , Don't make a purchase because it was on sale.

    Stay true to the dream of buying what is really wanted.

    Envision the desired object, and don't spend any of your savings on some other purchase.

    Keep the dream. , Check with the school's administrators to see if selling at school is allowed. , Try to purchase the item on sale. , Don't open it for 30 days.

    Just open it to put in more money, and if you are able to put a special hole in the lid, even better! If you can do this, make sure you seal the lid to the tin with heavy duty tape.

    You never know when you'll want money for something stupid.

    If you want, write something on the tin with Sharpie or other permanent marker like "Don't you dare open this!"
  3. Step 3: Get a job (if you are old enough).

  4. Step 4: Budget wisely.

  5. Step 5: Sell handmade or craft items at school

  6. Step 6: if this is allowed.

  7. Step 7: Research prices and shop around

  8. Step 8: once 95 percent of the money is tucked away.

  9. Step 9: Get a big jar or tin and put every coin

  10. Step 10: note and whatever cash you find laying in your wallet

  11. Step 11: your table

Detailed Guide

Find out the pricing.

The best idea is to do a little research and compare prices online so that you get the best deal possible.

Open a savings account or put it in a money box.

Save all change you have received from your purchases , Depending on location, most teens can start working If they are 14 (16 in some places) or older.

Not only will this help save up for the big purchase but the job will give a reference on a resume. , Don't make a purchase because it was on sale.

Stay true to the dream of buying what is really wanted.

Envision the desired object, and don't spend any of your savings on some other purchase.

Keep the dream. , Check with the school's administrators to see if selling at school is allowed. , Try to purchase the item on sale. , Don't open it for 30 days.

Just open it to put in more money, and if you are able to put a special hole in the lid, even better! If you can do this, make sure you seal the lid to the tin with heavy duty tape.

You never know when you'll want money for something stupid.

If you want, write something on the tin with Sharpie or other permanent marker like "Don't you dare open this!"

About the Author

J

Janice Evans

Enthusiastic about teaching cooking techniques through clear, step-by-step guides.

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