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2. As a teenager, why might creating a budget be important?

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A budget can help teens start to discern between genuine needs and wants and will show them where their money is going each month. A good budget will provide for both needs and at least some wants and should be flexible and relatively easy to use and understand.
creating a budget allows you to create a spending plan for your money, it ensures that you will always have enough money for the things you need and the things that are important to you.
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