5 Mistakes Teens Make With Money

2019-02-16T05:00:45-06:00

1. Having no accountability Over the past 20 years of teaching personal finance, I have found the number one reason adults have issues with finances is because they never had accountability with money, therefore, they have had no restraints or structure with money.  This is because as teens no one held them accountable for how they spend their money.  They believe they earned it they can spend it however they like. This attitude continues as they grow older, retire on nothing, and eventually, die leaving nothing behind.  Holding teens responsible for how they spend will result in more responsible adults who understand [...]