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Do you really have to save money as a teenager?
I'm 16, I have a bit more than $4100, and i get $140 every month, and some from birthdays and stuff.
I feel like buying golf clubs for $850, but many people tells me to save my money.
My question is: is it really THAT important to save every bit of money? Will you need every little bit of it when you grow up, or can you spend some on hobbies and stuff? I don't know, I'm still young.
So, should I buy them or not? :)
3 Answers
- ?Lv 69 years agoFavorite Answer
Its important to not spend frivilously. Teens will spent the first 20 they get on fast food, the first 50 on a stupid video game theyll play for just 10 days.
Your case is different, youve saved a large sum for something important to you. Golf clubs are NOT stupid (i dont play golf) but this is not frivilous spending. Youve done something most adults cant - save up for an important want slowly and pay cash for it when youve made it. If you keep this up you will do well....Go for it youve earned it.
- 9 years ago
You don't need to save all money but its good to get into habbits of saving and when you are older, like just moved out you will appreciate every bit of money you own!
- 9 years ago
It is important to save money...but this is coming from someone who's your age and owing $300 to my sister.
