Giving Teens Money
Is Our Guilt Causing Their Greed?
American teenagers are spending more than my father took home in his paycheck when I was a kid, and more than I received in my first job out of college. My father toiled in the textile mills for his money. My first job was teaching fourth grade. Our teens get more than $104 every week...for doing nothing. That's right, $104 a week! According to a national survey conducted by marketing firm Teenage Marketing Unlimited, the average American teenager spent over $104 per week in 2001.