Begin Making a Difference

Performing "financial literacy" is very beneficial, especially to start at a young age. ​Teens are going to face many more problems relating to their finances sooner than later, such as having to worry about college debt. In fact, a study states that up to 46% of college students worry about their college debt. They will also grow up and face other financial problems when they are older, such as rent, caused by the lack of saved money.

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Besides just saving money, teens can also make smart investments, such as ETFs. ETFs are very diverse, liquid, and require low-cost investments compared to stocks, which is perfect for teens to invest long term. Obviously, there is no guarantee that the ETFs will make profits, but the stock market has historically shown positive long-term trends.

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Teens who perform financially intelligent actions from a young age, are more likely to face financial success in the future, alongside other benefits of discipline and goal achievement. For this reason, I encourage the teenage community, which has a number of teens who are unaware of basic financial knowledge, to start from a young age, so they can make a difference for their future.