Comments on: You Need a Budget: A Review https://doingwhatmatters.com/you-need-a-budget-a-review/ Cultivating creativity, wisdom, and virtue in education, entrepreneurship, and soul care. Thu, 01 Dec 2016 18:11:27 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Budget Tips for Teens | Everyday Education https://doingwhatmatters.com/you-need-a-budget-a-review/#comment-25879 Tue, 25 Aug 2015 22:41:35 +0000 http://www.janice-campbell.com/?p=97#comment-25879 […] Note: “You Need a Budget” is an excellent system that works on the “last-month’s paycheck” principle. […]

]]> By: Carol Topp, CPA https://doingwhatmatters.com/you-need-a-budget-a-review/#comment-20826 Sun, 19 Oct 2008 13:27:57 +0000 http://www.janice-campbell.com/?p=97#comment-20826 Thanks for sharing Janice. The simpler, the better. I teach budgeting workshops several times a year and will lead a Dave Ramsey Financial Peace class at my church in January 2009. I’ve seen lots of budgeting systems. It’s good to learn of another one that worked for you and many others.

For my pre-teens I use an envelope system so that they can see where their money is going. Then I put them on a clothing budget at around age 13. I pay for the clothing, but they have to keep track of total spending and stay under the yearly allotment. I taught my 16 yo to use Quicken when she opened a checking account with earnings from her microbusiness (giving piano lessons). They learn a bit at a time, like your son.

Carol Topp, CPA

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