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This article was co-authored by Trent Larson, CFP®, and wikiHow staff writer, Amy Bobinger. Trent Larson is a Certified Financial Planner™ (CFP®) for Insight Wealth Strategies in Bay Area, California. With over five years of experience, Trent specializes in financial planning and wealth management as well as individualized retirement, tax and investment planning. Trent holds a BS in Economics from California State University, Chico. He has successfully passed his Series 7 and 66 registrations and holds a CA Life & Health Insurance License and CFP® Certification. This article has been viewed 555,242 times.
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Updated: March 29, 2023
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If you’re a kid and you want to save money, start by setting a specific goal for how much you want to spend. Then, create a chart where you can track how close you are to your goal, and keep your money somewhere safe, like a piggy bank in your closet. Whenever you earn or receive any money, set some aside and replace it with the rest of your savings as soon as possible. This will help you be less tempted to spend on frivolous items. Keep reading for tips on spending less money when you go out, like bringing snacks from home!
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