The Wealth Journal

 📋 Free Daily Expense Log Sheet for Teen

  🎯 Free Teen Monthly Budget Planner (Printable)

💳 Credit Card vs BNPL: Which One Is Safer for First-Time Users? In the digital age of online shopping and quick checkouts, two payment options stand out for first-time buyers — Credit Cards and BNPL (Buy Now, Pay Later). But which one is safer? Let’s break it down and find out which suits new users better. 🧾 What is a Credit Card? A credit card is a physical or virtual card issued by a bank that lets you borrow money up to a credit limit. You’re expected to pay it back monthly — either in full or in parts — with interest on unpaid balances. Pros: Helps build your credit score. Offers rewards, cashback, or travel points. Comes with fraud protection and EMI options. Cons: High interest rates (up to 40% per annum). Easy to fall into debt if you overspend. Requires credit history or income proof to get approved. 🛒 What is Buy Now, Pay Later (BNPL)? BNPL lets you split your purchase into smaller, interest-free installments. Popular platforms include Simpl...

💸 How to Save ₹2,000/Month on a Student Budget (Even If You're Broke) Being a student in 2025 isn’t cheap — between food, mobile recharges, subscriptions, and outings, it feels like money disappears faster than it arrives. But what if I told you that saving ₹2,000/month is not only possible… it’s totally doable — even on a tight budget? Let’s break it down step-by-step. By the end of this post, you’ll have a clear plan that actually works for students and teens in India. 🎯 Why Save ₹2,000 a Month? ₹2,000 might not sound like much, but over 12 months, that’s ₹24,000. That’s: A future investment fund An emergency buffer Or capital for your first side hustle Small savings = Big impact. 📉 Step 1: Know Where Your Money Is Going Before saving anything, track where you’re spending. Use: Google Sheets (Free Tracker: [Insert link]) Apps like Spendee, Walnut, or Money Manager A notebook if you prefer it offline List your expenses: recharge, food, online ...

🧰 Top 3 Free Tools to Track Your Spending as a Teenager Tracking your expenses is the first step to becoming smart with money — even as a teenager. These 3 free tools make it super easy to see where your money goes and help you build strong financial habits early. 1. Google Sheets (Free Budget Template) A simple and flexible tool you can customize to track your daily, weekly, or monthly spending. Why it’s great: 100% free Works on phone or laptop Can be customized easily Charts and formulas show how much you save/spend 👉 Tip: Search for “Free Google Sheets Budget Template” or create your own in minutes. 2. Walnut (India Only): Now Known As Axio Walnut is a personal finance app that automatically tracks your expenses by reading your SMS transaction alerts. Why it’s great: Tracks spending without manual entry Automatically categorizes expenses Works with UPI, debit cards, wallets, etc. Sends monthly spending reports 👉 Tip: Use Walnut if you spend mostly thro...

  Start Smart, Start Today! Confused where to begin? This checklist is just your first step. Want tools, tutorials, and the best resources to guide you?