• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Savor + Savvy logo

  • Recipe Index
    • Air Fryer
    • Instant Pot
    • Slow Cooker
    • Breakfast
    • Condiments
    • Dessert
    • Freezer Cooking & Make Ahead Meals
    • Main Dishes
    • Side Dishes
    • Vegan and Vegetarian Recipes
  • Tips
    • Substitutions
    • Air Fryer How-To
  • Printables
  • Shop
menu icon
go to homepage
search icon
Homepage link
  • Recipes
  • Printables
  • Shop
×

Kids Money Envelope Printable Planner

Published: May 18, 2021 · Modified: Jul 5, 2022 by Ginny · This post may contain affiliate links.

Snag our 72 Page Printable Home Binder Today →

Pin11
Share
Yum
Tweet
11 Shares

Whether your kiddo is 8 or 16, it is the perfect time – right now – to get them started on using a Kids Money Envelope Budgeting System to manage their money. This teaches them how to budget, save and spend their money wisely as they grow up to young adults. These kids will rise to be confident budgeters going into college and adult life. 

four pages from the budget planner on a bright blue background.
Use These Kid-Friendly Tools to Help Your Children Manage Their Money
Contents hide
1 📒 Why This Works
2 📎 What’s Included
3 ❗ Expert Tips
4 FAQ
5 🖨️ Download

I wish I could line up all your kids in front of me and get them all started on this amazing journey they are about to embark on. I love seeing the transformation as they start to build strong relationships and respect with their money. Since you are here, you most likely have been enjoying the benefits of cash envelopes, the cash envelope system and this budgeting approach has made a difference in your life. 

📒 Why This Works 

It’s Tangible – Using the money envelope system helps them SEE where their money is going as they write out each transaction on their own envelopes. These are no longer imaginary numbers or numbers they are going to forget – they are marked in their own handwriting on the envelope. 

It’s Hard to Give Up Cash – The kids have to write down everything that they spend out of their envelopes, which makes this a visual activity.  As adults, we know it is much harder to give up cash vs a quick swipe of the credit card. Kids will feel the same thing. 

Teaches them Real Life – So many schools no longer offer any sort of money management skills, so kids will leave high school without official training. It is on the parents to extend our knowledge and give them the best chance of financial success. 

📎 What’s Included 

Cover Sheet – You can turn this into a cool binder to keep track of budgets, envelopes, and savings. 

Monthly Budget – The top section is the INCOME and the bottom section is the EXPENSES. Kids usually don’t have that much, but it’s important to get them started and to fill out both sections weekly. 

Money Envelopes – There are four different colors for them to easily make a quick glance at which one will need to be used at Target or at Starbucks. These will work for a month at a time. Just make sure that they are filling in each thing they spend their money on. 

Save, Spend, Share – Track money to Save, Spend and Share on this sheet or print out additional envelopes to do the same thing. The concept here is if Suzie gets $10 for allowance, Suzie and her parents will need to decide how she divides up that $10 among Saving, Spending, and Sharing. 

four different envelope templates in different colors.
Choose Your Favorite Color or Pick all Four!

❗ Expert Tips 

As parents, it might help to also set limits on envelopes. If you have them take $20 and split it between Starbucks, Target, and Clothing, you may want to assist in how to divide the $20 into each envelope. Work with your rising budgeter to make decisions. 

Expect that this is going to be hard for the kids unless you have a natural saver. Be patient, spend a lot of time with them going over this again (and again, and again). This is not a one-and-done project. You are the coach for a long time, teaching them the art of saving and spending wisely. 

Set up agreements with the kids on what to do with excess money at the end of the week. Don’t change the rules midstream. 

If you don’t know which categories to use, choose those that are hardest to deal with first. A friend of mine has a manicure/pedicure one because she could go crazy in that area if she doesn’t limit the amount she spends. Another friend is a little too much into Starbucks, which is why I bring it up all the time. We all love Starbucks! But until there are endless amounts of money, we have to set up parameters. 

FAQ 

What do we do with coins? 

Set aside a Ziploc bag or an extra envelope for it. Before the family starts doing this, set up parameters on what to do with the change. You can have them donate it, but it all into savings or even trade-in to get $1 each time it reaches that much and then they can put it back into their spend envelope. It is really up for you guys to decide at the beginning though. 

🖨️ Download 

Download all seven pages of the free Kids Budget Planner and get your kids started on their own envelope system. 

Related Posts

  • 20 Free Budget Printables to Help Control Your Home Finances
  • Free Cash Envelope Templates – Printable
  • Free Weekly Planner Printable
  • Budget Planner Printable Template {Free}
Kids Money Envelope Printable PlannerKids Money Envelope Printable Planner
« Air Fryer Caramel Apple Hand Pies {15 Minutes}
30+ Make-Ahead Breakfast Recipes »

About Ginny

Hi! My name is Ginny and I know how busy life can be! I am a mom working hard to prepare healthy meals for my family that is always on the go!

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Family Photo Hi! My name is Ginny and I know how busy life can be! I am a mom working hard to prepare healthy meals for families on the go! Read More...

  • Email
  • Facebook
  • Instagram
  • Pinterest
  • RSS
  • Twitter

Search

pink box to join facebook printables group.

Popular Spring Posts

faded cinco de mayo printables in the background and a text box for the party pack.

Cinco de Mayo Free Printables

all twelve printable calendars in the background with two in front.

May 2022 Calendar – 12 FREE Printables

20 pages scattered on a white background that make up the puppy planner printable.

Puppy Planner Printable {20 Pages}

girl in headphones with a last day of school banner and sample printable pages.

Last Day of School Signs – Traditional, Virtual, Hybrid + Distance Learning {Free Printable}

graphic showing all of the publications that feature Savor and Savvy.

Popular Posts

This oven baked eggs recipe is an easy fix for rushed morning breakfasts! These eggs are baked in muffin pans and are ready in just 15 minutes.

How to Bake Eggs in Oven in Muffin Tin {15 Minutes Meal Prep}

several photos of different breakfasts that are great for freezing and meal prepping.

20 Breakfast Freezer Meals

bowl of teriyaki chicken over a bed of white rice, two chopsticks and sprinkled with sesame seeds

Honey Teriyaki Chicken Recipe {Instant Pot + Ninja Foodi Options}

top down view of a desk with three printable pages on top.

Dot Grid Paper Printable for Bullet Journaling + Planners {U.S. Letter, 8×10, A4, A5, A6 and Pocket, Personal Sizes}

How to Clean Stove Drip Pans Naturally

After cooking, the livers will be golden brown as shown on this air fryer tray

Air Fryer Chicken Livers – 10 Minute Appetizer

Printables

basket of potato wedges in a deep fryer with a white text box that reads deep fryer to air fryer conversion printable.

Deep Fryer to Air Fryer Conversion Sheet Printable

red white and blue paint on the background and a text box that reads free july monthly calendar printables.

July Printable Calendars – 12 FREE Pages

adding a sheet pan to the oven and a text box that reads oven to air fryer conversion printable.

Oven to Air Fryer Conversion

slow cooker with a text box that reads slow cooker to instant pot conversion.

Slow Cooker to Instant Pot Conversion Chart

two printable monthly pages for june on top of a faded background of all of the different printable options.

June 2022 Calendar -12 FREE Printables

daily planner printable on a pastel background.

Daily Planner Printable Template

Footer

^ back to top

About

  • Privacy Policy
  • Disclaimer
  • Terms & Conditions
  • Accessibility Policy

Newsletter

  • Sign Up! for emails and updates

Contact

  • Contact
  • Services
  • Media Kit
  • FAQ

As an Amazon Associate I earn from qualifying purchases.