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Finances For Teens

By Shaun Rosenberg

If you are a teenage then you probably care about your money too. You most likely want to go out and spend money and you may even want to start preparing for your financial future. So, what is the best way to go about this? Well here are some things you can do to plan your finances a little bit better.

1. Look For Income

When you were a kid all you had to do to get an income was to do simply household choirs. Well you are not a kid anymore and $5 a week probably isn’t going to do you a lot of good anymore. It is time to start looking for extra income. For instance you can always get a job and start applying at different places around your city.

If you’re not yet able to work or you want to do something else there are other ways to make money such as babysitting and dog walking.

2. Save Some Money

You proably want to just spend all your money once you get it. However, if you save your money then you are setting yourself up for success in your future so it too can be a great idea.

Saving is also a good habit to be getting into because it can help you have money to pay for emergencies. Spending all your money can lead to debt and a lot more stress in the long run.

3. Look at Investing Money

If you do have some money and are saving it then you might want to get started investing that money. The sooner you start to invest the more potential you will have in your future. You can always set up a custodian account which will let you invest into the stock market provided your parent or guardian helps you to manage the account and teach you how to not lose all of your money investing.

So, can teens invest into stocks Yes, read this article on teen investing ideas for more info

categories: teenager money,teen finances,teenager personal finances,wealth building,investing,saving money,personal finance,finance

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Article Citation
MLA Style Citation:
Rosenberg, Shaun "Finances For Teens." Finances For Teens. 23 Aug. 2010. uberarticles.com. 14 Sep 2014 <http://uberarticles.com/finance/wealth-building/finances-for-teens/>.

APA Style Citation:
Rosenberg, S (2010, August 23). Finances For Teens. Retrieved September 14, 2014, from http://uberarticles.com/finance/wealth-building/finances-for-teens/

Chicago Style Citation:
Rosenberg, Shaun "Finances For Teens" uberarticles.com. http://uberarticles.com/finance/wealth-building/finances-for-teens/


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