Tuesday, August 2, 2011

Money Makes the World Go 'round (Part 2)

For the middle schoolers and high schoolers everywhere. Cell phone roulette....
Did you know that, according to GeekSugar.com, teens are typically sending around 3000 texts per month?!! This frightens me. It should frighten everyone.

We've all heard the cries of our teens.."But MOM, everyone else has a cell phone, I HAVE to have one now!" Granted, the social stigma of tecnological inferiority is daunting, but those crazy kids have no idea what it means to a household budget! There are so many plans out there, all claiming the best service and the lowest prices.  If your kid is clamoring to raise thire social status with a new smartphone, have them do the math. Start by having them research phone plans.  Use the rate of 3000 texts per month as a baseline. Don't forget to have them look at the talk time.... Have them poll friends on their talk time usage. (You should poll your friends too on the kids usage in other households…) Every house has their own budget, adn the student needs to find a plan that will fit in without taking food off of the table for everyone else.

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