We've all been stuck at home for a while now. Concerts, sports, and other big events have been cancelled. Not being able to go to school, see your friends, hang out on the weekends - it can get frustrating after so long! While some of this is good for your wallet, it all adds up to less ways to spend your free time. Yet there are plans you can make with your money to help yourself in both the future and the present.
Being a teenager can be hard. You’re in a limbo between childhood and adulthood. You have more responsibilities, but not as much freedom as you’d like. What’s your greatest advantage right now? You have a lot more time to make your money work for you.
Sometimes it might seem like your parents have a lot of money, and they can buy anything they want! But they only have a limited amount. What does this mean when you're trying to buy something?
Did you just get your first job? Congratulations! And what are you going to do with the money you make? If you haven’t thought about it yet, now’s the time. While it’s great to have money (that you don’t have to ask your parents for) to spend on fun things, it’s also a good time to start preparing for your future.
Do you go shopping with your parents? Maybe you have wanted a toy, but they said they had to save the money for bills. Or you wanted to get cookies, but they bought fruit instead. Why do adults buy some things but not everything you would like?
How do you manage your spending? Maybe your parents help you, maybe you had a lesson on it in school, or maybe you have no idea where to start. Try out some of these apps that are perfect for assisting you with your finances!
Debt is often thought of as a bad thing. You don’t want to owe someone for too long, especially when you have to pay back more than you borrowed as time goes on. But did you know that there is such a thing as good debt?
How do you keep track of your money? You might get money as a birthday present. Maybe you get a weekly allowance when you do all your chores. Do you know how much money you have?
If you're in high school, or even middle school, it's never too early to start thinking about college. Where do you want to go, what major do you want to study? And maybe the most important question to consider: how will you pay for it?