A Stop to The Disastrous Spending Habits of Teens

Teenage Research Unlimited reports that teenage spending has risen by more than 50% in the last three years.

These same teens who may be failing in the National School Examinations, seem to be getting extremely high marks on their spending.

What has caused this and brought our teens to this place where they feel entitled to mobile phones, designer labels, over priced electronic gadgets and dinning at fast food restaurants? The credit card debt way of life must be dissuaded and discouraged from an early age at all cost.

A stop must be put to this outrageous life style, least we create a generation of UNCONTROLLABLE SPENDERS.
In the UK alone, statistics showed that the average teen was known to spend £55 a week in 2002, mainly on clothes, accessories and fast foods. The youth alone are not to blame for this disastrous life style and prolific spending habits, since parents have neglected their responsibilities to a certain extent.
They are preoccupied and overwhelmed by work and careers. Then there are those with troubled family lifestyles - divorce, single motherhood or fatherhood, an absent father or mother to say a few.
Such parents out of guilt, try to cover up their self imposed limitations by showing their children "the money".

This has given rise to teens with CAREFREE BIG SPENDING HABITS and insatiable GREEDY APPETITES.
Our teens need to be educated financially and quickly too, because if we think educating them this way will be expensive, then we should reconsider our stand as their ignorance will cost billions.

Billy Graham a great evangelist said "If a person gets his attitude toward money straight, it will help straighten out almost every other area of his life.
" These same youth, with the right kind of knowledge, information and exposures will be the next Bill Gates, Richard Branson, TD Jakes, Piccasso, Albert Einstein and people who will greatly influence their society in a positive way.
Our teens need to be trained to be history makers and world shakers.

They have so much to give to the society and their world. The sad truth is that poverty consciousness will gladly seize any mind that is not occupied with invention and money awareness. This awakening is a must for all teens.
Our teens need lessons on making, saving, investing, multiplying, giving and spending money. This should be a part of their basic education.
Visit to get your free newsletters on the habits of the go-getter entrepreneurial teen and daily quotes.