At this point in a teen’s life, wealth is “a grownup word” and does not mean much. Teens value fun, friendship, love and being unique and accepted much higher than financial freedom. Many teens will sacrifice their future wealth for some good partying, which makes them pretty normal, just like we all were when we did exactly the same as teens…
Convincing a teen to save money is not an easy task, mainly because the benefits are in some unknown future, but the commitment and effort start in the present.
Oddly enough, the attitude towards money, saving and wealth passes from one generation to the next ;)
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