Printable Tool: My Monthly Budget
Article
It is never too early to teach your child about money management. At some point, they may become interested in creating their own budget, whether due to curiosity, a desire to imitate their parents, or a specific financial goal. Knowing how to make and follow a budget is a skill that will serve your child well for the rest of their life! Our monthly budget template is a great place to start.
All grades
Table of contents
Resources on Financial Management
We know that talking to your child about money can be tricky. That’s why we have put together a few resources you can use to guide the conversation:
- In addition to using the template below, read our tips on teaching your child to follow a budget.
- If your child is interested in budgeting because they want to save up for a specific item, pair this template with our My Savings Goal tool.
- Regardless of your child’s age, we recommend browsing Alloprof’s Financial Education resources. The sections on budgets and personal savings, for example, are quite thorough.
- Do you have a young child? Our Allomarket game can be a great way for them to learn about the value of money and the cost of groceries!
