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The Teen First Paycheck Plan

Read take-home pay and assign it honestly.

10–15 minutes to make the planFree · Two-page fillable PDF

Companion to Help a Teen Plan a First Paycheck Before Spending It.

Download blank PDF ↓

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See a worked example

Example: a teen reads the actual pay statement with a parent, asks payroll about an unclear entry, and allocates available take-home pay among agreed expenses, a future goal, and discretionary spending.

01Read the statement

Keep sensitive identifiers off this worksheet.

02Check availability and commitments

Use actual timing and existing agreements.

03Make the teen’s allocation

Keep the total within available money.

04Review the real attempt

Teach one correction without taking over.