Welcome to high school, the premier destination of financial instability, second only to college. You’re going to want to take a seat, literally, because the moment you stand up and do anything, it’s probably coming out of your pocket. Now it’s true, one of the last things high school students will ever care about is their market presence and portfolio management ability, but when college hits, and they’re stranded without the luxury of a parent’s income, they’re going to be wishing they had a plan and that they had saved a little more. Everyone’s financial circumstance differs, and coming up with a suitable plan to fit your specific needs should be tailored to your skillset, so presenting you with a general template won’t work. Instead, I’m going to share with you, from my experience, some of the largest money black holes to which a high school student can fall prey.
Here are the five ways to lose all your money in high school.
- Go to the movies. People, stop buying the popcorn, treats, and sodas! I’m not crazy, right? That junk is expensive and bad for you. Where did this notion of a ‘movie-going experience’ come from? In today’s age of technological advancement and time wasters, there are so many other areas where a student can spend his or her time. Part of some students’ movie tradition is getting a large tub of greasy popcorn, large sodas, and boxes of candy, then shoving that into their mouths noisily while everyone else is trying to enjoy a film. That’s not the worst part, though, it’s