Beginers Budgeting

Meyd_IX

Hi :DNeeded some help/advice thought I'd come to the best :j
I'm 14 and need help with saving money I have two money jars and a lockable box but I can't help my self opening them and buying sweets or chlothes or something.
Can you guys give me any advice it'll be REALLY helpful

~Meyd

lynzpower

What sort of things are you saving for?

Meyd_IX

lynzpower wrote: »

What sort of things are you saving for?

Nothing in praticular just want to have some money there you know?

Mags_cat

Could you ask someone else (that you trust!) to keep the key to your lockable box? (Or set the combination for it so that you don't know the number if it's one of those sort?)

killielila

http://www.moneysavingexpert.com/redir/148ff56b?dd this is martins teen guide hope he have some advice That you will listen to:rotfl:

suggest that ur dad and gran pays you pocket ££ into your account so you dont spend it all in forbidden planet :eek:

sort out all your clothes toys the big barbie camper van that still in as new nick and ebay it
:rotfl:
http://www.greenmetropolis.com/ offer you £3 less pand p for each one of those books gathering dust and spiders:eek: on your book shelf

do your fly lady and riley challanges and pick X amount every week to get rid of and we soon add up :A


No i dont have a spy camera in Meyd bedroom she is my :A daughter she saw hoiw much use i have found this site and joined up herself last night * wipes away a proud tear *

and stay away from the fashon and beauty threads far to many nice clothes and "bargain" make ups to tempt you

anonymoose_3

How about putting so much away for saving and so much for spending?

(I wish I'd wanted to learn about budgeting when I was 14:o)

DCFC79

What i think you need to learn is maybe some self control and tell yourself you dont need them sweets or clothing etc, maybe try have a think if theres something you would like to save up for as that may make you think twice about spending money when you have soemtihng to save for.

Mags_cat

killielila wrote: »

No i dont have a spy camera in Meyd bedroom she is my :A daughter she saw hoiw much use i have found this site and joined up herself last night * wipes away a proud tear *

Awww

What a great start she'll have learning from the people on here!

Well done, both of you :T

lilac_lady

Save a bit and spend a bit. That way you get the best of both worlds.

pmduk

Allow yourself a certain amount each week for treats. Don't go back for more.

ThinkingOfLinking

Firstly, for example, think of sweets. How much pleasure do they give you and for how long? And remember that once they're eaten, they're gone. Sounds simple but I used to waste loads of money on junk food.

Then think of something pricey you want. Think how many packets of sweets for example you'd have to go without to get it, and then do that.

Also, maybe get a part time job? At 9, I was doing jobs for neighbours, and at 14 I was working on a market stall on the weekends (I am only 24 now so it's not that long ago, and still doable), and of course there's babysitting, dogwalking and paper rounds.