What are the features of adolescent expenditure?
The characteristics of adolescent expenditure are relatively easy to recognize, especially for parents. Teenagers often like to spend their free time in the shopping center and usually never return home without a significant purchase. Another characteristic of adolescent expenditure is that children often believe that they have to compete with friends and peers in terms of ownership of the latest fashion or luxury. Some characters should alert parents of a potential problem. The newly acquired credit card is often a big event in the life of a young person, especially for a teenager. Although it may be natural for adolescents to immediately make a minimum purchase or two, parents should set limits and insist on knowing their budget. However, if the teenager made several significant purchases for a short time, it could be a potential problem. Using a credit card for purchases with performance can be common.
Most parents hope to teach teenagers to manage money responsibly. Many parents try to teach children to ocenily the value of money. Some parents require teenagers to earn their own spending, mostly by working part -time or doing housework if the child is not sufficiently old to work.
Although the teenager uses his own money, expenditure habits can still be out of control. Buying everything he wants without looking for the best offers or sales is another characteristic of careless expenditure on adolescence. It is also typical that a teenage mobile phone is high thanks to frequent text messages.
A teenager, who is too generous with friends, can try to make a good impression. However, this may be characteristic of the irresponsible expenses of adolescents. For example, if she buys gifts for her PALS or heal friends for food and fun can often spend carelessly.
for parents who are worried about adolescent expenditure and how to instill financial responsibilityOnline sources of help. The best advice is to be a good model for a teenager. Experts agree that a good example is financially responsible as a parent's first step.