Teenage is the most wonderful age in your life. You learn new things and you don’t have to worry about anything.
But if you can save money in your teenage life. You can invest your saving and make more money. Investing is important for everyone because till the time you have grown up you can have your own side hustle business so you don’t have to worry about finding a job or how to make money.
I can understand being a teenager you want to buy a lot of things mostly to impress your friends or your crush. But all of this doesn’t make sense when you grow up. That’s why it’s important to save money in your teenage life because when you grow up you will have lot of business ideas that you want to start but the only thing you will lack will be money.
Today I will share 6 some money saving tips that you can use a teenager but you can to know more money saving tips
1. Have less demand.
This is probably the best way to save your money to keep your demands low. Don’t get attracted to fancy things. Don’t do what every teenager is doing. Only buy things that you think are useful and necessary. If you keep buying things that you don’t need soon you will have to sell things you need.
Don’t waste your parent’s hard earnings on some video game, extra mobile phone or extra pair of shoes
2. Don’t buy brands.
Buying brands is like throwing money on the road. If you can buy a cheap smart phone that has all the necessary features. Then what is the point of buying the same smart phone with high price?
Expensive things maybe last longing but they run out of fashion very quickly. It’s not important to buy Jordan’s when you simple go with Nike. These little difference make big changes in your money saving journey.
3. Never buy games.
The worst thing you can do as a teenager is to spend money and time on games. We all know games don’t last forever especially story driven games. Once the game story is completed you can’t play it again.
Games can be cool to play but only when you don’t spend your entire day playing games. It will affect your eyes as well as your health. If you want to play games, you can play the ones that are free.
4. Say no to junk food.
Junk foods can be really bad for your health can lead to various health problems in future. Junk food is okay to eat but once a week. Teenager love to eat junk food as they are the once target by companies in their advertising. So most of the teenagers think eating junk food is okay but it’s not.
You can cook yourself at home which will be cheap as compared to purchasing junk food from outside.
5. Sell your old stuff
Keeping your old stuff doesn’t make sense if you don’t need them. Your old stuff only occupies your space. It’s better to sell them before they are in a very bad condition and no body want to purchase.
You can invest the money in stock market and let it grow and give you benefits.
If this article has helped you to save money, then it’s your turn to invest money and earn more money, so I want you to go to moneyora.com and learn more about finance because you cannot make money without learning.
“First learn then earn” was said by one of the greatest investor of all time (Warren buffet). He said first when you learn then remove the word ” L” from learn that’s make it “Earn’