It’s a bit late in the year for this, but you could think of it as an early start on next year.
Those who teach a personal finance unit usually do a lesson that has the student put together a budget. As we know, teenagers (and even adults) generally include some things as necessaries that are really luxuries – entertainment for example. That’s not to say all entertainment should be banned. All work and no play makes….you know the rest. But what is a proper amount to budget for entertainment?
Well, it may or may not be an indicator of the “proper” amount, but it will give you regional averages from around the U.S. Thanks to the folks at Visualeconomics for this one.