We asked our teen advisers to answer this question, not because we’re actually handing out gigantic chunks of cash (sorry!)—but because thinking about what you really want can help you set a goal, spend smart, and save big. It’s a little easier to skip that after-school Starbucks when you’re holding out for a car, right? On the next two pages, we asked Kristin Wong, author of Get Money, and Choices vlogger and money expert Bernadette Anat to help three teens turn their big money dreams into realistic goals, no lucky winnings required. Read on to feel inspired to make your own action plan.
You don’t need an expert to help you set a doable money goal. You just need to make sure you plan is S.M.A.R.T. What’s that mean?