You watched on the show our Wallet War series about students, just like you, who take on the challenge of managing their family budget. In 2014, Junior Achievement conducted their 15th annual Teens and Personal Finance Survey. The study examined teens’ and tweens’ attitudes and behaviors around managing money. Here are some of the study’s key findings:
You can read the full report here.
Now we want to hear from you — do you think you could manage your family budget? Vote and let us know in the comments section below how you manage your money. We will share the results of the survey and some of the comments on the air.
Spend, don’t spend? Buy, don’t buy? That cool shirt, or the practically cheap one? Only buy what you need and go out every once and a while, and you’ll be fine. I definitely could do it.
Yes, because I would only buy the things we need and get stuff like new clothes
Yes because I think we could not go out as much and not buy so much stuff we don’t need
I don’t think i would be able to. I’m just a kid and a budget is to much for me.
Half of our class feels we could take over taxes and manage the family budget. The other half of class feels like it would be too overwhelming and want to let their parents handle the money.
Yes because I would make my mom not buy so much shoes
And to tell my dad to stop buying so much junk food and get healthy foods
I smart I can manage any money quarters nickells dimes and pennees
i would not be able to do it i lied about my age i’m freaking 11 and my older brothers 12 and he would bully me or beat me up until i bought him stuff
No, I don’t think I could manage my family budget. I personally am the type of person who doesn’t think before they buy. I know I would totally go way over the budget!
yes I could but why should we.
I can do anything through Christ who gives me strength.
I possibly could We could cut back on junk food and extra items
My family eats a lot so I don’t think it will be possible to cuz down our budget.
I think we could manage our budget. We would just be spending a little less on items we want instead of need.
I think I could do the job and save my family money. I know it is a difficult task but I could help my family cut back on some of the unnecessaries. I am up for the challenge.
I don’t think I could manage the family budget, I would be spending more on extra things that don’t matter like going out to restaurant and buying T.Vs.
No , i would not be able to manage my families budget as hard i would work to pay everything & give my siblings money to go shopping it would be too much. i just realized how hard my parents work too provide us what we need & pay for bills .