There is a utilitarian argument in favor of spending. $30 was worth way more to me when I was 14 than when I was 17 than when I was 20. Not just literal inflation, but marginal value decreased as access to more money increased.https://twitter.com/nytimesbusiness/status/1180206222873632768 …
Probably a good idea to offer some kind of incentive, like a dollar for dollar match on everything saved. Or just do forced savings. I feel similarly about how public retirement schemes ought to function
-
-
Bit difference between kids and adults in this regard. Though I guess matching dollars for your teen to prepare them for adulthood would make sense!
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.