August 12, 2018

Teens racking up thousands in debt while parents unaware - ABC News ➜

Thirteen per cent of families even had to delay paying a bill or cut back spending on necessities to compensate for children’s purchases.

I am incredibly grateful that my Mum ensured I had financial literacy at a young age. We were poor but that didn’t stop me from learning the value of money. I’ve always been hyper-aware of money management, to the point of risk aversion.

I was also fortunate enough that I didn’t grow up in an era of intangible in-app purchases.


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