#BUDGET PLANNER FOR TEENAGER HOW TO#

ask for help – if things are becoming difficult, don't be too proud to ask your parents for help, if you can.Out of respect for your parents, ask your flatmate(s) to be on their best behaviour when your parents visit and do the same for them It is usually the behaviour rather than the person that causes offence (for example, swearing or smoking). work out acceptable behaviour – if your parents don't like your flatmate(s), find out why.keep in touch – talk to your parents about regular home visits: for example, having Sunday night dinner together every week.Make sure you're open to their point of view too – getting along is a two-way street communicate – avoid misunderstandings, hostilities and arguments by talking openly and respectfully about your concerns with flatmates and parents.draw up a realistic budget – don't forget to include 'hidden' expenses such as the property's security deposit or bond (usually four weeks' rent), connection fees for utilities, and home and contents insurance.Are you ready to live independently? Do you make enough money to support yourself? Are you moving out for the right reasons? don't make a rash decision – consider the situation carefully.

If you can't call your parents or foster parents, call one of the associations below for information, advice and assistance. Assistance includes emergency accommodation and food vouchers. If you need support, help is available from a range of community and government organisations. If you are living in a foster family, you will have to leave the state care system when you turn 18, but you may not be ready to make the sudden transition to independence. If you have been thrown out of home or left home to escape abuse or conflict, you may be too young or unprepared to cope. Not everyone who leaves home can return home or ask their parents for help in times of trouble. If your family home does not provide support Reassure your parents that you will keep in touch and visit regularly. be concerned about the people you have chosen to live with.think you shouldn't leave home until you are married or have bought a house.Most parents want their children to be happy and independent, but they might be concerned about a lot of different things. Think about how your parents may be feeling and talk with them if they are worried about you. flatmate problems – issues such as paying bills on time, sharing housework equally, friends who never pay board, but stay anyway, and lifestyle incompatibilities (such as a non-drug-user flatting with a drug user) may result in hostilities and arguments.money worries – the cost of living independently may surprise you, especially if you are used to your parents providing for everything.not being ready – you may find you are not ready to handle all the responsibilities.You may choose to move, but find that you face problems you didn't anticipate, such as:

#BUDGET PLANNER FOR TEENAGER HOW TO#

You could also use the Centrelink How to budget page, or MoneySmart’s budget planner. whether you have enough money to support yourself – ask someone to help you draw up a budget to be sure that you can afford to cover the essentials like rent, bills and groceries.whether you have somewhere safe to live – if you are under 18 you might find it difficult to rent a house or sign a lease.whether this is your choice, and if you feel ready, or if you are feeling pressured to move out by other people.It's common to be a little unsure when you make a decision like leaving home. Issues to consider when moving out of home needing to live closer to your place of work or study.

You may decide to leave home for many different reasons, including: Whether or not leaving goes smoothly depends on the reasons you are moving out and the nature of the relationship you have with your family. Most people move out of the family home and set up their own place during their late teens to late 20s.

Budget planner for teenager