Basic Money Management
Includes budgeting, saving, taxes, debtor education for bankruptcy filers, and a variety of other programs to help consumers improve financial health, increase wealth, and make wise buying decisions.
Contact your local Family Financial Management State Specialist who can provide programs, publications, or other resources on a variety of topics.
Financial Fitness: Exercises to Shape Up Your Spending is a program designed to help you do a financial check-up and make a plan to improve financial health.
By Jamie Vickers
MISSISSIPPI STATE --Teen-agers who venture into the world of part-time jobs realize that managing money is not always easy, and they may need help from parents.
"Parents should help their teen determine obligations and a spending plan," said Dr. Beverly Howell, family economics and management specialist with Mississippi State University's Extension Service. "Parents should also help them stick to it."
Budgeting is a good place to start when teens are learning to manage their money. Three essential steps in designing a budget are: