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Teens Are Spending Less This Year. Where Their Allowances Are Going.

Sabrina Escobar
·4 分鐘文章
Teens Are Spending Less This Year. Where Their Allowances Are Going.

According to Piper Sandler latest semiannual survey of teens, only 11% believe the economy is getting better, while 65% think conditions are getting worse. In Piper Sandler’s fall 2023 survey, self-reported spending was down 1% from a year earlier. With just 38% of survey respondents saying they held a part-time job—and the national teen labor participation rate coming in at 38.2%, well below the average of 62.7%—most teens are getting their pocket money from mom and dad.

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