Teens learn the value of money

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  • george of the jungle goshen, UT
    Nov. 5, 2013 5:57 a.m.

    Be honest.
    Spending money is a dangerous thing.

  • My2Cents Taylorsville, UT
    Nov. 5, 2013 5:23 a.m.

    Value of money is irrelevant, what is crucial for teens to learn is the pitfalls of debt and credit spending. Since money has become an arbitrary reference to society, its time to turn it into the enemy of the economy it is. They need to learn the merits of save and need versus greed and that debt feeds ignorance.

    The financial industry will not allow children to be taught the method of value spending verses emotional spending which is banks bread and butter means of exploiting consumers and financial security.

    The only time they can have financial security is by being debt free. The banks are teaching these future victims of bank fraud methods of manipulating and mismanaging the spending, when the only rule of consumer financial security is eliminate debt spending and borrowing.

    Cancel credit and debit cards is financial security and credit score is irrelevant to their lives. Life is so simple the banks want it too complicated with debt scores to manipulate them as consumers. Take home income is base income, keep it out of the red column of these paid counselors training our children to try and live life as an indentured servant.