What are the positive effect of financial problem to teenagers?
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Experiencing financial problems during adolescence can have various effects on teenagers. Financial difficulties have been linked to worse cognitive and non-cognitive outcomes in young adults, surpassing the impact of income alone . Additionally, financial challenges can lead to a negative impact on academic achievement while potentially increasing externalizing and internalizing problem behaviors in adolescents . However, interventions such as financial education seminars based on biblical principles have shown promising results in improving financial knowledge, budgeting skills, and values related to money and generosity among teenagers . Moreover, the integration of spiritual financial principles can help internalize positive values in teenagers, potentially influencing their long-term financial habits and decision-making .
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Open access•Journal Article 2 Citations | Teaching money literacy in youth programs can positively impact teenagers by addressing unethical money-making behaviors and changing their views on success and money in response to social changes. |
Open access•Posted Content | Not addressed in the paper. |
| Equipping teenagers with financial education, including biblical principles, improves their financial knowledge, budgeting skills, and values like tithing, leading to better money management and preparation for the future. | |
| Teens organizing fundraisers like the Teen Read-In to support libraries facing financial problems can foster a sense of community involvement, responsibility, and altruism among teenagers. |
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