5 Things teenagers need to know to become rich

2. Do not buy things you can’t afford

We live in a society where teenagers are fond of costly gadgets and bikes. You may have the best intentions about budgeting and making smart money decisions, but even the most careful planners can get swept up at the moment. As humans, we find little joy in buying materialistic things. However, some people believe that owning and buying things is crucial for achieving major life goals.