As a teenager you may be given some weekly pocket money by your parents or guardians, but sooner or later in life you will have to start managing your own money. As you get older you are more than likely to want to go to university or buy your first car or house and to do this you will probably start thinking about getting a loan. But before you do, it is important to remember these three key facts:
- Do not borrow any more than you need to.
- Pay back what you owe as soon as you can.
- Take out the cheapest loan possible.
Start following these tips now and you will be well on your way to a safer future.