From Deseret News archives:
Teens' spending
• Average expenditures: $104/week; $5,408/year.
• Teens surveyed by Teenage Research Unlimited reported spending 98 percent of their money, rather than saving it.
• Children's spending has roughly doubled every 10 years for the past three decades, and tripled in the 1990s.
Source: www.faircredit.org
Comments
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