Teenagers & Money
Management
By Kaitlyn Schrauwen

Planning 10, Unit 3 Project
How to use a Budget of $500
~There are many things in life that we all need or
want. Our wants like Clothing and Entertain...
Clothing is not cheap either!
No matter what it takes, girls can never be stopped by spending money on
clothes. In compari...
Entertainment and Costs
What do you prefer for entertainment? Do you like to go hangout with you friends
and have supper w...
We Need Personal Items
Even though we all need personal items, going to the cheapest stores can
help you in saving money.
...
Cell Phones are Expensive!
Cell phones are the first piece of technology that
will eat all of your extra money. Lucky for ...
We always need Food.
Food in life is one of our main priorities. Without food and water, we could
not survive. Although, i...
Transportation
In the costly future, I plan on staying in a small apartment or room that is on
campus at the university. S...
In Conclusion to My Budgeting
System
Although I am on a Budget of $500, It is still possible to
work around it and save mo...
Teenager & Money Management
By Kaitlyn Schrauwen
Thanks for Reading
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Teenagers & Money Management ;My $500 Budget, Planning 10

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An example of how to productively budget yourself.

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Teenagers & Money Management ;My $500 Budget, Planning 10

  1. 1. Teenagers & Money Management By Kaitlyn Schrauwen Planning 10, Unit 3 Project
  2. 2. How to use a Budget of $500 ~There are many things in life that we all need or want. Our wants like Clothing and Entertainment, and or needs like Personal Items, Cell phones, Food and Transportation. These all require a cost; there is a cell phone bill every month and groceries that are needed and payed for; all payed for in Superstore. In this presentation, you will learn how to productively spend under $500 without going over your budget limit.
  3. 3. Clothing is not cheap either! No matter what it takes, girls can never be stopped by spending money on clothes. In comparison to the prices of clothes today and the prices of clothes in a couple years, the same clothing brands would still be more expensive. Although, these are the personal items that I found at the cheapest price in nice stores. ~Jeans ( 2 x 19.90 = 39.80 ) ~Tank tops ( 3 x 8.00 = 24.00 ) ~Underwear (2 x 3.00 = 6.00 ) ~Scarf ( 1 x 12.00 = 12.00 ) ~Costs depend on brand names and how new the item is.~ Budget : $83.33 Spent: $81.80
  4. 4. Entertainment and Costs What do you prefer for entertainment? Do you like to go hangout with you friends and have supper with them? Well, in this slide, you will learn how to incorporate your money under a limit. As I now start to grow up and figure out how much things are costing, I now know that when I move out to go to university, I will have to budget myself and how much I spend. Entertainment like catching a movie with friends or even going out for dinner. 1 good tip: just to go out for dinner once a month and instead of going to the movie theatres, have your friends overnight and watch a couple movies instead that won't cost you a dime. Although, movies aren’t the only source of entertainment. At least ⅔ of the population of teenagers have cell phones nowadays. I for one, only pay $20 for my used, prepaid Blackberry Curve. With $63.33 left, I could choose to go to a movie, see my friends, go out to dinner or anything else in that price range in one month. Budget Cost: $83.33 Spent : $83.33
  5. 5. We Need Personal Items Even though we all need personal items, going to the cheapest stores can help you in saving money. Shampoo ( $8.98 ) per bottle Toothpaste ( $1.47 ) Conditioner ( $8.98 ) per bottle Razr ( $2.49 ) 1 pack of 6 Body wash ( $9.57 ) per bottle Facewash ( $6.29 ) depending on brand Pads ( $1.97 ) Tampons ( $1.27 ) Mascara ( $9.97) Eye liner ( $6.49) Concealer ( $12.92) Make-up Remover ( $6.92) Budget Cost : $83.33 Spent:$77.32
  6. 6. Cell Phones are Expensive! Cell phones are the first piece of technology that will eat all of your extra money. Lucky for me, I have a cheap, used Blackberry Curve phone that is on a prepaid plan that only costs me $35 a month. Nowadays, many people are spending over $70 on just a phone! Even though I have limited amount of minutes and unlimited texting, I am still saving more money than most people. Budget : $83.33 Spent:$35
  7. 7. We always need Food. Food in life is one of our main priorities. Without food and water, we could not survive. Although, it depends on where you live and where you buy your food from. For myself, I have chosen Superstore. Here are some of the examples of food that I would have if I was living on campus ( most of these items are on sale). Oatmeal Quaker ( 1 bag = $2.50) Apples ( 6.49 x 2 = $13.70) Eggs ( 1 x $1.75) Salas pack ( 1 x $16.50) Muffins ( 1 x $12.49) Bread ( 1 x $1.29) Itchiban ( 12 pack x $18.80) Vegetable Dish ( 1 x $16.20 Budget :$83.33 Spent :$83.23
  8. 8. Transportation In the costly future, I plan on staying in a small apartment or room that is on campus at the university. Since I will have to buy my own groceries, personal items etc., I will need a source of transportation. Although, buying a car would be helpful, insurance and paying for gas every month would become a hassle. So, I have devised that will save me money depending how much I will use that source of transportation. In this plan, I have decided that taking a city bus would save me money then having my own car. Also, instead of paying for the bus everytime I would like to use it, I would buy a bus pass, that would only cost $43 per 6 months. This means, I can ride the bus anytime I would like and not have to spend my money. Budget: $43 Spent: $43
  9. 9. In Conclusion to My Budgeting System Although I am on a Budget of $500, It is still possible to work around it and save money. Budget , Spent ● Clothing = $83.33 , $81.80 ● Entertainment = $83.33 , $83.33 ● Personal Items = $83.33 , $77.32 ● Cell phone = $83.33 , $35.00 ● Food = $83.33 , $83.23 ● Transportation = $83.33, $43.00 Total Buget : $500 Total Money Spent : $403.68
  10. 10. Teenager & Money Management By Kaitlyn Schrauwen Thanks for Reading

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