The Teenage Economy

Image source: http://movinginstereo.files.wordpress.com/2007/08/rich-girl.jpg
Article Source: http://nymag.com/nymetro/urban/family/features/10872/

Wow, this is one of the most interesting articles I read in a long time. Coming from New York, News & Features, I just went through a very strong point that is flashing out from this featured article. It talks about how a rich girl, talking about a billionaire family, is poor! Don't get it, listen to this. A very rich teenage girl, the most wealthy family out of the whole Upper West Side private school actually appears the poorest in the entire city. Her parents are obssessed with spoiling their daughter, therefore only supporting here with 60$ a week and Old Navy brand clothing while paying 25 grand for tuition a year. It is a very shocking article that expresses how this young girl wishes and rather not have all this money because of the way her life style is. She always end up borrowing/spending her friend's money instead because she is broke! Honestly, 60 dollars a week from your parents isn't bad at all. Well, coming from a below average income family like myself wouldn't mind 60 dollars a week at all, but for a billionaire family background. wow. Personally, I never really had an allowance, just money here and there once in a while, but I haven't asked or spent my parents money in years because I found a job. Anyways, I think that her parents are actually right. I mean, it's a dog eat dog world out here, no one is nice. The girls got to learn how to save, budget and earn her own money. What if one day, her family's fortune disappear, then she would have to step up and out of that luxury and work like every other average citizen.
"And yet to Caitlin, it often seems like that’s all anyone does: kids hustling, kids obsessing, kids turning downright savage." That's exactly right. Kid's that don't find a job or are too lazy to try to find a easy way out in life. Drop out of school and end up under the influence of drug and gangs. The economy of teenagers are exactly the way you see it, horrifying. They try to find every way to get what they want particularly money, fashion and drugs. They hustle for their money, thinking it's great how they're making so much money at a young age, forgetting it's illegal and have high punishment results. Results are always negative unless they are willing to change, willing to work, and most of all, control their thirst for money. For those who think there is never enough, then the results are never good.
The world is cruel out here and this article shows that event the wealthiest kids may end up like the rest of us, poor and hungry (for money). Talking about wishing not to have so much money, she should be happy her parents are so successful and well respected and therefore, living up to their expectations. Sixty dollars a week means 240$ a month which is not bad at all especially when your doing absolutely nothing for it. I wish I had that growing up. The point I am trying to get at is that you have to know when is enough and when it is not enough. Nothing comes easy and the teenage culture/economy is very depressing and tough.