Teen years signal the beginning
of personal independence. You can earn money at a real job
and in most states qualify for a driver's license when you're
16 years old. Finally, you've got some extra cash.
Leaving the hallowed halls of
your high school can be bittersweet. Homework is history,
but personal responsibility kicks up to a whole new level.
You'll probably be on the lookout for a full-time job, join
the military or pursue a career. Unless, you're independently
wealthy, you'll be working and earning more money than ever
before. Make the most of your new status and establish financial
freedom early on. Links: Landing
a job, Managing
your cash flow, Credit
& investing, Taxes
Whether you plan to live on campus
or off, money tends to slip quickly through your bank account
once you're in college. A fun night out with friends, decorating
your dorm room, tickets to concerts, college textbooks and
other academic expenses can drain your finances quicker than
you can download an MP3.