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The 50/30/20 Rule for Teens

Article Title

The 50/30/20 Rule for Teens

Topic

saving

Reading time

3 min activity

Description

Create a custom budget that follows the 50/30/20 rule and fits your life as a teen.

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<link rel="canonical" href="https://callfederal.banzai.org/wellness/resources/fifty-thirty-twenty-coach" />

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This article has been republished with permission. View the original article: The 50/30/20 Rule for Teens.

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<script>!function(e,t){var s="script",a=e.getElementsByTagName(s)[0],n=e.createElement(s);n.async=!0,n.src="https://banzai.org/coach/styles.js?subdomain=callfederal",a.parentNode.insertBefore(n,a)}(document);</script>

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The 50/30/20 Rule for Teens

<div id="50-30-20-teens" type="coach" class="__banzai-coach"></div>

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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.