Why Kids Should Have A Budget

If a young person under the age of 18 should have a budget but that is all depending on how much they are making or how much is being given to them and if the parents need help with any payments. If the parents decide to make it where the kids should help pay bills just like a phone bill or something like that then yes the kid should have budget and stick to it. It is up to the parents if they want to give their kid a budget.

One factor of having a budget is how they get their money. If they work for their money and have a job I feel as if they allowed using their money how they want but it would always be smarter to have a budget. If they get money from their parents it should definitely have a budget. You can have a certain amount of the