Teenagers still need to be taught about saving money. Teenagers feel they have more material needs, having things, but you have to demand that some type of savings still be put away.
What are some of the things that children can make decisions about involving their own money?
For the young child, under nine, decisions about movies, music, candy, books, magazines, activities, savings, sporting equipment, gifts, and holiday items are things that children can use their money for.
For the child a little older, they can start using their money when they want to go out with their friends. Sports equipment, music, movies, games, gifts, trips, holiday items and some of their own special needs in what they want as far as clothing goes.
Children that are teenagers and high school bound should be using their allowance for their own clothing, when they go out with their friends, for jewelry, and other special trips or purposes.
about this article.
