Effect on teens due to this economic recession

Are you affected by this Global recession? May be yes or may be no… But, there are so many people in this world who are affected by this recession severely and have lost their jobs. They are unemployed and did you ever think how their child is getting affected due to this job cut in various job sectors?

To help financially and to assist their parents in this situation, the teens are sacrificing their wishes like playing sports, participating in activities and buying new clothes for schools or any other occasions. Even there are many children who are moving to new towns along with their parents in search of new jobs.

Along with their parents, many teens are also looking for jobs to assist financially and also to earn some extra money, but they are also not getting any and have remained unemployed. To come out of this hardship, teens have become very smart in their spending habits. Now-a-days, they avoid buying clothes from branded stores; they are seeking for discounts and offers.

This recession has really affected so many families and indirectly the children and teens that all have to sacrifice their wishes for the time being, but once the economy recovers, everyone hopes to get employed. So, lets all be smart in our finance related issues.