Saving Your Money As An Impulsive Teenager

by Magical Penny on July 18, 2019

When you’ve left mandatory school, and you’re at that in-between stage of not quite being a fully-fledged adult and not being a kid anymore.

You want to go out and live your life. You’re free to head out and explore what life has to offer with very little fears hanging over you. This is the part of your life where you’re now going to learn about the real world without your mother and father around to nag you or catch you when you fall. 

One of the biggest things (if not the biggest thing) in life is money. They say it makes the world go round, and it dominates all of our societies. You’ve got to have it with you if you want to do anything in life. Anything at all. At that age, because you’ve finally got a load of your own, you want to have a little fun with this new stuff. Just chucking it away when you get it isn’t wise, though – even at that age. A significant chunk will need to be kept! Here are some ways you can keep that number in your bank account super healthy.     

Recognise The Value Of Money

Firstly, as you’re heading into this new era, you’re going to want to know a thing or two about it instead of just diving straight in. When you’re a youthful kid at home, you often turn a blind eye towards money because your parents have everything sorted. You don’t need to worry your little head. Now it’s time to grow up a do a little thinking.  

Get Into The Habit Of Saving

Once you get into a routine of doing something, it becomes super easy to continue at it. If you’re working and earning a useful bit of money, you should definitely pop a percentage into a savings account. It could be vital sometime in the future.

Use Student Benefits

If you’re still in academia, then you can get a student discount in a lot of stores and services – both online and offline. This little scheme benefits people your age like you wouldn’t believe. You could get a massive chunk of money off of a certain item of clothing or something like that, and all you’d have to do is flash your identification.  

Don’t Buy Flashy

You’re at the age where you feel as though you can show off and behave obnoxiously. Even if you don’t think you’re that kind of person – you probably are a little bit! We all are at that age! Sure, you can go out and spend big on a few things, but don’t be stupid with your money now. If you need a car, it’s probably best to head onto sites like Saxon Bridge and pick out a used one. If you need a new outfit, don’t always look for the biggest and best. Often the cheaper options will look the same and feel more comfortable!

Walk More

If you drive and you’re heading somewhere that doesn’t really require a car, then get a little exercise. It’s free and easy. The same applies to those who don’t drive but like to take public transport. People waste a lot of money on gas because they could be bothered to stretch their legs a little more. 

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