So you have a teenager always grumbling with money in spite of earning decent in his part-time? Well, then he probably needs that parental help from you for maintaining his finances right!

If you have teenagers, you already know how expensive they are. There are seemingly endless things that teenagers need in order to fit in and to lead a somewhat normal, happy life.

Teenagers are undoubtedly a perplexing age group to buy gifts for, whether it's birthday gifts or Christmas gifts, we all need a little help on figuring our what teenagers like and dislike, what's cool and what's not so cool. With our teenage years a distant memory it's hard to keep up with the fast moving trends in the teenage world. Here are some great Christmas gift ideas for teenagers that will help you out in your gifting dilemma.

It is very bad and I know from personal experience: being a teenager and not have your money sucks. Sure, parents can give you some pocket money, it may still get something from grandparents. Some young people have access to state the location. All these sources of income are OK up to a point but have two major problems: 1. Not really your money so you do not have total rights over there. 2. They are insufficient for the needs of a normal teenager.

Rich Money Habits takes a deeper look at Robert Kiyosaki’s book 'Increase Your Financial IQ: Get Smarter with Your Money'. This article is part 3 of the book review which digs into Financial IQ #3 – Budgeting Your Money.