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Money Management

 
 

Teen Money Facts

 

Did you know...

  • Teens spend an average of $104 per week?
  • Teen girls spend $37 billion on clothing per year? $17 billion on beauty products?
  • 80% of teens ages 18-20 have credit cards?
  • The fastest group of people filing for bankruptcy in the U.S. are under age 25?
  • The average debt from undergraduate college loans in a 2002 national survey was $18,900?