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And while its perfectly okay for young people to have fun with their money, teens are old enough to stop blowing every last dime on stuff that wont last. Teens spend a majority of their cash on fashion, according to research from investment bank piper jaffray.   its easy to point out a few useless things on which people continue to waste money. Even the most budget-conscious can fall into the trap of unnecessary spending, whether its on groceries that. The survey, taking stock with teens, is curated at spring and fall of every year and is intended for the use of companies and business owners looking for what the most profitable businesses.   to avoid buying things we dont need, youve got to dig deep. Youve got to understand the root of it -- because its all emotional and psychological! Here are some 10 potential reasons why you might be buying stuff you really could do without. Heres how teens really spend money, what they like, and where they shop. Teens are spending 20 of their money on food, up from 15 10 years ago. An increasing number of teens, particularly males, prefer to shop online. Instagram is the most important social network for teens, followed by twitter and facebook, respectively. The patterns of how people spend money on things has changed. People spend much more on television, radio, and sound systems than they did in 1989. Are you good with money? Read the text to find out about british teenagers and their cash.   mimi has a bank account and a debit card, and 35 to spend each month on everything, apart from my phone bill 25 a month for her blackberry, travel and things i need for school. Musicmovies 6 music and movies have consistently tied with category events for the last three survey periods. Both categories were preceded by books and magazines for 9 th.

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