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“Coming up: My own worst mistake and how I fixed it (Don’t repeat it!)”
🧠Intro: Why Most Teens Stay Broke (Even in 2025)
You ever wonder why even after saving for weeks, your wallet still feels empty? Or why you get $100 and somehow it’s gone in 3 days? 🤯
It’s not just bad luck — it’s bad habits. And trust me, I’ve made all of them.
In this blog, I’ll break down the 5 worst teen money habits that silently drain your cash... and show you exactly how to fix them.
Let’s get into it 👇
❌ 1. Spending Without Tracking
You buy snacks. A skin on your favorite game. A quick ride. One more drink.
And then boom — you’ve spent $25 without even realizing.
✅ Fix It:
Install a free tracking app like:
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Mint
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Monzo (for teens in UK/Canada)
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Zeta (for saving goals)
Make it a rule: If it’s not tracked, don’t buy it.
❌ 2. Copying “Flex Culture”
Social media is dangerous. Everyone’s flexing iPhones, sneakers, cars, and fake “rich kid” vibes.
So what do most teens do? They overspend to impress.
✅ Fix It:
Start a “No Flex Challenge” with your friends.
Track who saves more, not who spends more. That’s the real flex 💯
❌ 3. No Budget, No Plan
Most teens don’t even know how much they can afford to spend. They just spend until it’s gone.
That’s not budgeting — that’s guessing.
✅ Fix It:
Use the 50/30/20 rule:
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50% needs (school, food)
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30% wants (games, fun)
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20% savings (build your future)
Even $5/week in savings is a win. 📈
❌ 4. Buying Because of Boredom
This one’s real: Ever scroll Amazon or Insta shops just because you’re bored?
Shopping becomes a dopamine hit — like a drug. And your bank account suffers.
✅ Fix It:
When you feel the urge to spend, wait 24 hours.
If you still want it, go ahead. If not — you just saved yourself money for something better.
❌ 5. Thinking “I’ll Start Saving Later”
Most teens think: “I’m just 15/16… I’ll save when I’m older.”
But the earlier you start, the richer you get. That’s how compounding works.
✅ Fix It:
Open a teen savings account (or digital wallet if you’re underage).
Start with small goals — like saving ₹2000 / $20 per month.
It builds your money muscle 💪
🚨 Real Talk: My Worst Habit (And How I Fixed It)
I used to buy random tech gadgets every month. Tripods, mics, apps — you name it.
It felt productive, but truth? It was waste.
Now, I only buy tools after I’ve earned from them once.
🔥 Coming up tomorrow: I’ll break down my personal 5-step money system for teens — the one that actually works.
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