96. AMA: Do You Have Any Money Tips for Teens?

I love this question, because at the age of 15, I got my first job and I thought I was on top of the world…the problem…I had no concept of money and the real world and ended up getting myself into a lot of trouble, financially. So, in this week’s episode, you are going to learn from my mistakes…haha! 

 On this week’s episode, I am going to give you 5 Money Tips for specifically for Teens.

Did you know that food and clothes are the two top things that teens spend their money on.  The average teen spends $1,400 per year on food and clothes alone! 

The average American has over $101,000 in debt. And American teens today have an average debt of $26,000. We are led to believe and are teaching you all that debt is the way of life. It’s normal. 

83% of Americans who budget their money overspend and use credit cards to do so.

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