The 50/30/20 Rule for Teens
Create a custom budget that follows the 50/30/20 rule and fits your life as a teen.
How It Works
No matter how much money you have or where you get it—your job, allowance, or birthday money—you need to manage it well to make the most of it. Learn about the 50/30/20 rule for splitting funds into needs, wants, and savings, and discover exactly how it applies to your money. To start this Coach session, select “Start Here.” A feed will appear; follow along and answer questions as you’re prompted.
Illustration: Cristi Flores
While we hope you find this content useful, it is only intended to serve as a starting point. Your next step is to speak with a qualified, licensed professional who can provide advice tailored to your individual circumstances. Nothing in this article, nor in any associated resources, should be construed as financial or legal advice. Furthermore, while we have made good faith efforts to ensure that the information presented was correct as of the date the content was prepared, we are unable to guarantee that it remains accurate today.
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