Most of the teenagers nowadays only care about money, other than money, they don’t usually give a damn about other things. All they care, or at least many teens, is that they have the money to buy what they want. Most of the teens nowadays tend to worry about school, their friends, the clothes that they want to wear, the peer pressure, the people who will like them, however, none of them are thinking about serious agendas like retirement fee, their weekly grocery and the payment for the houses. However, there is nothing to worry about teenagers who do not think about the serious matter. However, the problem is, they will find it hard in the near future to manage their money since they don’t have that much knowledge about money.
However, children can learn something about money if their parents have taught them about it as they grow up. Ideally, every parent teaches their kid how to save and spend wisely, shows them the value of money, and makes sure they have a grasp on money management before they are thrown into the real world. However, most parents do not teach their children the importance of money. If this case happens, it’s also possible that they will never be taught until they grow up.
What does it feels like when you are in debt? Have you ever thought what it feels like for someone to grow up in debt and what could be the kind of family that the person has. Most people would think that most people who have rich family grew up to be wealthy. However, they only look wealthy because they keep on spending their money and the money of their parents, but there is a possibility that in the near future, they won’t be having the same amount of money that their parents had. This puts them deep into debt. Anyone that is in debt deserves pity more than sympathy. These people should be reminded casually that they should not spend too much money on the things that they can’t afford.
Have you ever thought of a friend or a family member who can control their money and spend it wisely? It’s possible that these people who can control their money doesn’t have luxury house and cars, however, there is also a big chance that these people doesn’t have any debts. There are two different people when it comes to budgeting a money. First, they grew up in a modest home, either with little money or working class. Their parents didn’t buy them whatever they wanted but instead taught them that everything has a price. Its good that these people were taught by their parents since they have brought this money-saving lesson until they grew up.