The best way for Americans to not get bit again by a credit crunch would be to spend and save more wisely. Habits such as this are best learned at an early age, that why I think it’s important to recognize and take a look at how the teen population is affected by our global economic woes, and what teens can do to learn a powerful lesson during this time.
Here are a couple of interesting samplings:
Economy hits teen workers hard
Meanwhile, the number of people over 65 in the workforce over the last year grew, Sum said. Sum predicts teens in the year ahead will be thrown out of the labor market at record levels. Copyright 2008 by United Press International …
Setup an Online Savings Account – When you help your teen set up a bank account, be sure to establish two accounts: one for saving and one for spending. Although you can give your child a debit or ATM card for the spending account, …