What Keeps Your Kid From Saving Money

August 28, 2017
Categories: 

There’s money-spending traps teens and young adults fall into, and if they don’t get out they’re going to be in financial trouble for a very long time.

1 – Unnecessary clothes
It’s the most common expense young people waste their money on, mainly because they go for what’s trendy right now instead of clothes that’ll last over the long haul.

2 – Eating out
Instead of ordering a pizza, why not buy one at the grocery store that’s the same size for less?

3 – Coffee shops
Nothing can drain your bank account quicker than fueling your caffeine habit with those $5 cups of coffee.

4 – Drinking
And for the over 21 crowd, a hangover after a night at the bar is worse when you realize you only have $2.17 left in your account.

5 – Credit cards
Beware! That free t-shirt isn’t worth the abyss of debt you’ll fall into if you don’t know how to manage money!

What Keeps Your Kid From Saving Money

Ramona covers the common money pitfalls teen fall into that lead into bad money management as an adult.