Young people should save more and spend less

This is a very popular topic and many more people talk about it. Teenager's
expenses can't be understood.
In my opinion, every teenager needs money when he or she goes out with friends.
When they are out they need money for food, drinks and something for
themselves. I think this is a normal cost and parents should be aware of this.
Another thing that costs the students a lot of money are clothes. They like to
follow the new trend and most of them spent a big amount of money. And when
we start with the T-shirt and end with the sunglasses and the shoelaces things get
pretty expensive.
A lot of money goes for their interests like sports, music instrument, language and
many more. That way teenagers and their parents spent more than hundred leva
per month on different courses. But these are things that educate your kid in
some kind of way.
I think it's important to talk about finance with your kid. Like this, you can make
him/her think before spending more money on something that he/she won't need
in two weeks. In my opinion you should to learn them to ask themselves "Do I
really need that?" before they buy something.

Gergana Gencheva