Teenagers have no care in the world, or at least not much when it comes to money. Its undeniable that most teens nowadays only care about money and the things that they want to buy. 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. The problem is they don’t know that their lack of money knowledge may very well hurt them in the future.
It is important that parents should educate their children at least some knowledge about money as they grow up. It is really a good thing that most of the parents should taught their children how to use and spend money wisely so that their children will be prepared if they were thrown someday into the real world. The sad truth is that, most parents nowadays do not teach their children the true value of money. It’s very likely that they were never taught about money when they grew up either.
Have you ever thought what it feels like when you are in debt. Do you know how they grew up and what family they were born into? Most people would think that most people who have rich family grew up to be wealthy. Most of these people probably look wealthy because they continue spending money when they grow up the same as they spent their parents money, only they might not have the same large income that their parents had. In the near future, if they had already spent all of the money of their parents, this will be the reason that they will be on debt. A person in debt doesn’t deserve sympathy, but he rather deserves pity. Just a friendly reminder that you should always budget your money and do not spend on too much expensive materials that you cannot afford.
Do you know someone that has control of their money? 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. These are usually one of two different people. First, they grew up in a modest home, either with little money or working class. They were not taught to be too grand, however, they were taught to value their money. Its good that these people were taught by their parents since they have brought this money-saving lesson until they grew up.