According to an education charity more than 50 % of all children have been in debt by the time they reached the age of seventeen, and even more shocking; they don’t care!
To show the ‘I don’t care mentality’ : teenagers consider a credit card as an easy way to spend far more money than they earn and if we may believe 5 percent of those teens, there seems no need to pay any credit card debt back!
The ‘I still depend financially on mommy and daddy’ attitude is also still alive between the teenagers, as they say only to use a credit card to buy goods and services when they’re sure mom and dad will take care of the bill.
The era of ‘the worryingly laid back teenagers’ has come to a climax, but still this won’t be the beginning of the end of the responsible adult, because the research also showed that two thirds were likely to learn about banking and spending.
To conclude; no worries no worries, also this shall pass.
source: http://news.bbc.co.uk/2/hi/business/6356065.stm
1 opmerking:
According [to an education charity] [research done by the Personal Finance Education Group] more than 50 % of all children have been [are] in debt by the time they reached [reach]the age of seventeen, and even more shocking; they don’t care! [To show the ‘I don’t care mentality’ :] [just leave this part out, it is not good for your flow] teenagers consider a credit card as an easy way to spend far more money than they earn and if we may believe 5 percent of those teens, there seems no need to pay [back] any credit card debt [back]! The ‘I still depend financially on mommy and daddy’ attitude is also still [avoid the repetition of still] alive [between the] [among] teenagers, as they say only to use ['they only use' or 'they claim to only use']a credit card to buy goods and services when they’re sure mom and dad will take care of the bill. The era of ‘the worryingly laid back teenagers’ has come to a climax, but still [leave this out] this won’t be the beginning of the end [this is not the end] of the responsible adult, because the research [study]also showed that two thirds were likely to learn about banking and spending. To conclude; [; -> ,] no worries [no worries -> no need to repeat] , also this shall pass [not really clear: what shall pass? This entire last sentence needs work.] .
Marilyn Michels
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