On a regular basis, I come across young people who can't trust their parents with their money. They don't have bank accounts for this reason, which is horrible in the sense that they waste money at check cashing places, and don't learn about budgeting and saving. Recently, I was disturbed by the idea that a young lady was walking around with $400 in her wallet because she didn't want to leave the money in her house because she didn't want her mom to take it. Why can't teenagers open bank accounts by themselves, or can they? I am tired of seeing hard-working teens trying to better themselves getting ripped off by their parent...especially when the parent doesn't even have a job themselves. (sigh.)
Does anyone have any solutions to pass along to these young people?
2006-12-23
13:20:08
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3 answers
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asked by
Melissa
2
in
Other - Business & Finance