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Here’s a tip for teens:

There’s a set of habits that wealthy people have that broke people don’t have!  These habits make them wealthy!  If you have Wealthy People Habits, then your money will work for you now AND for the rest of your life.

The MOST basic Wealthy People Habit is

TRACK YOUR MONEY.

You can decide how to do this for yourself.  Think about how often you want to do this–every day? every week?  every month?

Start a journal and make your first entry.  Write the date, and then write a list of all the money you have to your name.  Write the amount and the location.  That means, write how much you have in your pocket, in your wallet, in the bank (have each account separate), and in your book bag.

You might be surprised.  This can be harder than it looks for some people.  This means you have to get organized and find out how much money you have in the bank.  Your first entry might take a while to complete.  No problem!  It’ll be easier the second time, because you’ll already be organized.  The third time, it’ll be even easier.

Tracking your money is a VERY VERY powerful habit.  You will discover that you will start to think about your money in a new way.

Let me know how it goes!

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