How To Make Your Allowance Last Longer

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Learn how to manage your allowance so you can set aside some money for special goals, like college funds or a computer.

To complete this How-To you will need:

Discipline
A journal
Money
Envelopes (optional)

Step 1: Set goals

Set goals for the short-term and the long-term. A short-term goal may be something less expensive, while a long-term goal may cost more.

Step 2: Save

Figure out how much of your allowance you want to save and how much you want to spend. Put aside a percentage for your long-term goals.

Tip: Take two envelopes. Write "spend" on one and "save" on the other and use them for motivation.

Step 3: Ask for small bills

Ask for small bills so you can easily separate what you want to save from what you intend to spend.

Step 4: Keep a journal

Make a list of everything you buy. If you are not saving as much as you'd like, refer to your journal for clues as to why.

Step 5: Think big

Avoid buying a lot of small things, which add up surprisingly quickly and will eat up your allowance before you know it.

Step 6: Avoid peer pressure

Don't worry about what your friends are doing with their allowances. Stick to your goals.

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[xVirtualNinjax]

Optional: Get adopted by Brad and Angelina

[JOEYMAN980Studios]

asain kids dont have allowances

[TartanArmi04]

nigger



[XareSoft]

@momasity it's raCist not raSist

[momasity]

@XareSoft rasist

[ConnecticutEmporium]

@JOEYMAN980Studios they just put him in there cuz there was math and percentages involved

[Parolth]

Step 1: Go to gamestop and buy everything you want

Step 2: put everything aside for mass effect 3 ;)

[UmbreonArt]

Thumbs Up if you don't get an allowance...

It can't be just me...Can it?

[nems143]

I get $190 every month for allowance. But it never seems to be enough :(

[XareSoft]

that's a ugly ass black child

[SomeKidWithAsianEyes]

@JOEYMAN980Studios no allowances cause parents already gave me a million dollar bitch !

[turtoise87]

@JOEYMAN980Studios YA im asian and parents dont give allowance they get me stuff I want randomly