WHERE TEENS SPEND THEIR MONEY

According to Piper Sandler’s Taking Stock With Teens survey released Tuesday, here is where teens spend their money. Piper Sandler surveyed 9,193 U.S. teens with an average age of 15.7. The average teen spends $2,316 a year; 37% hold a part-time job (* so for 63% of them, it’s YOUR money).
– More than half of teens say Amazon is their favorite e-commerce site, far surpassing competitors Shein and Temu.
– Nike remains the No. 1 brand for all teens in apparel and footwear. American Eagle and Lululemon are #2 and #3.
– E.l.f., an affordable makeup and skincare brand, is the top cosmetics brand for teens.
– Chick-fil-A is the favorite restaurant among teens, followed by Starbucks and McDonald’s.
– Goldfish is teens’ favorite snack brand.
– Monster, Red Bull and Celsius are teens’ favorite energy drinks.
* How did “pot” not make this list anywhere?
* Back in my day we didn’t have brands. We just had clothes.
* Then there’s the stuff that didn’t make the survey, like tattoos and vapes.
* Also, “I hate you, you don’t understand me” is teens’ top go-to statement to parents, followed by, “I didn’t say anything” and “This is stupid.”