The headline is, like many others, a lie. The article closes by noting that much of the data comes from households earning over $104,000 a year and some that only reached down to $54,000. These aren't teens. These are teens with well-off parents.
Life seems to be getting harder for most teens and their parents. When I was in high school (the 1960s), having rich parents only meant wearing a bit more stylish clothes and perhaps driving to school in a hand-me-down car.
Today, having rich parents means owning a lot of pricey, constantly changing gadgetry like iPhones that most families can't afford. Teens who get caught up in that game often end up working long hours after school, perhaps cutting down their chance of getting good grades and going to college.
Today, having rich parents means owning a lot of pricey, constantly changing gadgetry like iPhones that most families can't afford. Teens who get caught up in that game often end up working long hours after school, perhaps cutting down their chance of getting good grades and going to college.
Really? You think teens working is a bad thing? In my opinion more teens should work for a living. Working is part of education, and it teaches the value of a dollar, a hard day's work, etc. Cliche? Yes, but true. Kids having to work and make their own money are less likely to waste it.
I started working when I was 15, and continued working while I paid my own way through school. Way better education than anything taught in the classroom.
I'd say the converse of what you said is true: teens with rich parents probably don't have to work, and get stuff from "mommy and daddy". This stunts development. They're the same kids who go to a university (that their parents pay for) just to party.
Also, remember this are household incomes. $50k to $100k household income isn't stratospheric. It's pretty average of middle class two-income families.
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China = 1/2 the world. iPhone 5S Gold is the most wanted item in that country.
China ? 1/2 the world. China = 1/6 of the world. China and India together = 1/3 of the world but a much smaller fraction of the market.
Kids these days... smarter than we thought!
Lol. Is that what passes for a family income? That's total poverty.
Life seems to be getting harder for most teens and their parents. When I was in high school (the 1960s), having rich parents only meant wearing a bit more stylish clothes and perhaps driving to school in a hand-me-down car.
Today, having rich parents means owning a lot of pricey, constantly changing gadgetry like iPhones that most families can't afford. Teens who get caught up in that game often end up working long hours after school, perhaps cutting down their chance of getting good grades and going to college.
Really? You think teens working is a bad thing? In my opinion more teens should work for a living. Working is part of education, and it teaches the value of a dollar, a hard day's work, etc. Cliche? Yes, but true. Kids having to work and make their own money are less likely to waste it.
I started working when I was 15, and continued working while I paid my own way through school. Way better education than anything taught in the classroom.
I'd say the converse of what you said is true: teens with rich parents probably don't have to work, and get stuff from "mommy and daddy". This stunts development. They're the same kids who go to a university (that their parents pay for) just to party.
Also, remember this are household incomes. $50k to $100k household income isn't stratospheric. It's pretty average of middle class two-income families.