Read the blog post for teens about spending money and decide if the statements are True, False, or Not stated.

Some teens get money from their parents or relatives; others try to find a part-time job. Many of them spend their money so quickly that they can't understand what has happened to them. They usually buy stuff that they don't really need, but it's hard for them to resist. Fashionable clothes, snacks, and accessories attract them so much! They want to buy more and more without any control!

But it's essential to learn how to save money and spend it wisely.

Some psychologists say that it's important to share your money with other people. If you really have extra money and can't resist spending it quickly, donate it! Donating to a charity will not only give you a sense of satisfaction but also help others who are in need. Hunger, health, and education are some of the people's needs you can think of, among other things. An additional advantage (in many countries) is that you can also claim for charity tax benefit if you pay taxes.

So, you can do different things. You can earn and spend wisely, or earn and spend quickly without learning anything from it. Try not to be a shopaholic; be a wise person who knows how to earn, spend and help others.

Choose the correct option.

All teens get money only from their parents and close relatives. [True|False|Not stated]

The author understands that it's difficult to resist buying fashionable clothes. [True|False|Not stated]

Some teens can't stop wasting money. It goes out of their control. [True|False|Not stated]

Many teenagers try to save money by depositing them into a special bank account. [True|False|Not stated]