Dinero Teens: How to Spend Money Wisely and Make Smarter Choices

Got some cash—maybe from a job, birthday, or allowance? That’s awesome. But if you’re not careful, it can disappear fast.

Here’s the key: pause before you pay, and ask the right questions before spending. Impulse buys are tempting, but smart choices add up to bigger wins later.

Before You Buy, Ask Yourself:

1. Will I still want this tomorrow?

Use the 24-hour rule—wait and see if it's still worth it.

2. How many hours of work will this cost me?

Think time, not just dollars.

3. Do I already own something like it?

Check before you double up.

4. Am I only buying it because it’s on sale?

A discount isn’t a deal if you didn’t want it in the first place.

5. Am I shopping to feel better or impress someone?

Emotional spending = short-term fix, long-term regret.

6. Does this help me reach a goal?

Saving for something bigger? Say “no” now to say “yes” later.

7. What’s the true cost?

Think beyond the price tag—subscriptions, accessories, or just future clutter.

Spend with purpose. It’s your money—use it in a way your future self will thank you for.