Growing up in the household of a spender and a saver has taught me both sides of the spectrum. My dad, an accountant, has taught me how to store away money for when I may need it. On the other hand, my mom’s favorite hobby is spending money. My priorities fall between saving up and getting ahead, or spending money because you only live once. Since I have both sides, I make a happy medium. I save up enough money to get ahead on my bills, but I also shop, strictly in the clearance section.

“How I’ve helped my daughter learn about how to manage money is by opening up an investment account for her to save money and see how money grows by investing in stocks,” said Brad Cheers

I have a car payment that should be paid off over five years. After two summers of working I have gotten it fully paid off. I have also been able to go shopping when I want and buy almost everything I want. When going shopping, I keep in mind that most things I want will go on sale. So next time you go shopping, go straight to the sale section and manage your spending habits. If you still want something in a week or so, then you want it. If you put something back and can’t remember it by the end of the shopping trip, did you want it?

“Being an accountant helped me learn how to save money by realizing what some of our successful clients have done,” said Cheers. “I have learned how to mimic some of those actions to be able to save money, invest money, and save taxes along the way,”

It is good to prioritize bills all while having “fun money.” To have money to manage, you have to make money. Most people get a job and have bills to pay. Managing money isn’t an easy task for everyone. If someone has no responsibility, they tend to spend money more freely and eventually run out of money. People manage money for various reasons. To save up for the off-season, bills, plans, etc. For high school students, working during the school year isn’t always an option due to sports, family problems, or transportation.