A Child’s Budget

[David Young]

“Giving your kids responsibility for their own budget is the best way to introduce them to the world of finance.”
– Larry Burkett

[David Young]

“A budget for children is a plan for managing their money as they make it. The simplest budget for a child has four parts: 10 percent for giving, 40 percent for spending, 25 percent for long-term savings (college, cars) and 25 percent for surplus (reserve fund).”
– Larry Burkett