What Today’s Teens Are Buying (vs. Us 20 Years Ago)

Smart Money Happy Hour with Rachel Cruze and George Kamel

Ramsey Network

Business

4.9 • 2.8K Ratings

🗓️ 11 January 2024

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Do you shop like the cool kids? Join Rachel and George for a breakdown on the brands and stores American teens loved in 2023 and the cash app they used to pay for it all. (Caution: This episode contains high levels of nostalgia. Side effects may include sudden reminiscing and an overwhelming urge to say, “Back in my day . . .”) In this episode: · What the average teen spends $200 a month on · Rachel explains physical cash to teenagers and why it’s better than digital · The biggest money trap teens are falling for and how to help your kids avoid them Resources: · Get your finances organized, make a plan, build your confidence, and kick money stress out of your life for good with the EveryDollar budgeting app. Go to www.everydollar.com/smartmoney to get started today. Use code SMARTMONEY to get a free two-week trial and $15 off your premium membership to EveryDollar. · Do you have a Guilty as Charged question for Rachel and George? Send a DM to @rachelcruze or @georgekamel on Instagram! Be sure to type “GUILTY?” at the top of your message so we don’t miss it. · Learn more about your ad choices: https://www.megaphone.fm/adchoices · Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy This Week’s Happy Hour Special: Spicy Pineapple Ginger Mocktail Recipe by Ramona Cruz-Peters at FabEveryday Ingredients: · Ice, for shaker and for glass · 3 ounces pineapple juice, plus more for rimming · 1 ounce agave nectar · 1/2 teaspoon chili powder · Ginger beer, chilled (for top off) · Tajin seasoning, for rimming · Small pineapple wedge, for garnish (optional) · Whole Thai chili pepper or thinly sliced jalapeno, for garnish (optional) Instructions: Add 3 ounces pineapple juice, agave nectar, and chili powder to a cocktail shaker filled with ice. Cover and shake until the ingredients are well mixed and chilled. Place additional pineapple juice on a small saucer or plate. Place the Tajin seasoning on a separate small plate. Dip the rim of a rocks glass in the pineapple juice, followed by the Tajin to coat the rim. Pour ice into the glass, then pour the pineapple mixture over the ice. Top off with ginger beer. If desired, garnish with a small wedge of pineapple and a chili pepper (or a few slices of jalapeno).

Transcript

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0:00.0	This episode of Smart Money Happy Hour is brought to you by every dollar, the budgeting
0:04.0	app that helps you give, save, and spend with confidence.
0:07.1	Start budgeting for free today.
0:11.1	Hey guys, I'm Rachel Cruz. I'm George Camel and this is Smart Money Happy Hour.
0:19.0	Cheers.
0:21.0	Cheers. That's delicious.
0:26.0	That hits.
0:27.0	That's the kids say.
0:28.0	Well, this is the show where two friends who happening money experts talk about what you're talking about.
0:33.4	So everything from pop culture, current events, and money.
0:36.6	And today we're going to let all of our elder millennial hang out, Rachel.
0:41.2	We're all going to be just the old millennials in the room, but I'm proud of it because
0:46.2	in this episode we're going to break down the brands and stores that American teens
0:52.0	loved in 2023.
0:54.2	Let's see how old we are, George.
0:55.5	Very.
0:56.3	We're going to reveal the money app that rains
0:58.2	supreme among Genzi.
0:59.4	Is it going to be Cash App, Venmo, Apple Pay, Monopoly Go, I'm hooked.
1:05.0	What's a problem?
1:06.0	We'll talk about that later.
1:07.4	And we're going to compare all this information about the teens of today
	...

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