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Many youth spend the majority of their disposable income on typical and conventional items such as clothing, and as a result, they also have the most buying power of all the age groups (http://www.aces.edu/urban/metronews/vol2no4/purchasing.html). Another important thing to note is that the concept of allowances is a fairly recent one. It offers a constant flow of money to children and adolescents alike, and as a by-product, it assures youth that they will have a guaranteed payday on set days. This causes teens to spend more money since an allowance is expected once every few days. If a teen did not have an allowance, then he or she would rather save their money for more important items, due to the fact that they would be unsure when they would get more money...
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