Tips To Learn Good Spending Habits As A Teen When Shopping


Tips To Learn Good Spending Habits As A Teen When Shopping

With a swipe of your credit card or your parents’ cards, you can purchase a lot of things. Since your parents will pay your bills, you don’t have to worry, right? Technically, yes. Also, not having to worry can badly impact your spending habits.

When you don’t practice wise spending habits as a teen, you may end up broke or in bad debt in the future since you might not be able to control yourself from shopping. That’s why as early as your teenage years, you should practice good spending habits.

Here are some tips to learn good spending habits as a teen:

1. Research Before You Shop

Before you press that add to cart button, you should do your research. Whether for the item, price, or coupons, searching them on the internet can save you from spending a lot.

For instance, if you’re buying a dress for your prom, you can search on various commercial websites. By doing so, you can choose the ones at lower prices. Some even have discounts for first-time customers. Take advantage of this and buy a dress on a budget.

You can also search for coupons online. Sites that give off discount coupons, like Qantas, can save you some dollars. And when you shop via Qantas Shopping Online Mall, you can earn Qantas points on ebay. This is possible since you’re using Qantas Shopping to buy products on eBay.

When you practice searching for discounts or items with much lower prices, you won’t have to shop on pricey items.

2. Live On A Budget

Aside from looking for cheaper options, practice living on a budget. That way, you can practice spending based on what you have. As a result, you won’t overspend, and you’ll also learn to shop only when you need to.

To create and live on your budget, do the following:

  • First, you must write down all the money you receive, whether from your parents, babysitting jobs, and others.
  • Then, it would be best if you also write down your expenses. It includes the food you buy or stuff you order online.
  • After knowing where your money goes, you can evaluate whether you’re spending on your needs or wants. If your money goes mostly on your desires, then start limiting it.

For instance, you can set an AUD 100 for your monthly shopping instead of spending AUD 300.

Also, if you’re spending more than what you receive, you can eliminate the less important stuff you’re buying. If you really want something, then buy the other one this month, and the others next month. That way, you can stick to spending the money that you have.

3. Save Before You Spend

Another thing to add to your budget is the savings you should set aside. As mentioned earlier, if you want to buy something you want, but it’s more expensive than what you have, then you should save up first. If you practice saving money before you go shopping, you’ll become more disciplined in handling your money.

As a teenager, there may be things you want to shop for now. But, instead of using your credit card, it’s best to get a grip on yourself. List down the price of the item you want to buy then save some money from your allowance. Only when you can save up should you buy it.

By doing so, you’ll cherish the stuff you’ve bought with your savings than what you’ve bought outright. Also, if you buy during the weeks you’ve already saved up money, there’s a tendency that the price may become lower.

Most importantly, when you delay your gratification, it’ll be easier for you to set a goal and reach it. Delaying your gratification can develop your patience in waiting.

So, when you’re patient enough to save money before you spend, you won’t end up spending all your money in an instant.

4. Don’t Shop With Peers

Although it’ll be fun, you should often avoid shopping with your peers. It’s because you may spend more than your budget due to peer pressure. Unless you’re shopping with someone who has good spending habits or you want to keep your friendship healthy, then go and buy with them.

However, you must proceed with caution. Bring only cash that you can spare to keep yourself from buying unnecessary things. Also, as mentioned above, you can allot savings for your shopping-with-friends and use only what you’ve saved. That way, you’ll only buy what you really need, and you won’t overspend.


Spending wisely doesn’t apply to adults only, but it’s better when you do it while you’re still a teenager.

When you instill discipline to your spending habits, it’ll be easier for you to save up money while you’re a teen. That’s why when you do the tips above, you can practice good spending habits.

As long as you practice them as early as possible, you’ll get used to it soon.

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