Connect with us
Apply Now


How Older Teens Are Gaining Financial Independence in 2023

As the world faces increasing uncertainties and changes in the coming years, teens are feeling the pressure more than ever. For older teens especially, that means needing to take on financial responsibility earlier, whether it be gaining full-time employment or setting up a side hustle. But how have teens been adapting to this new normal? 

In this article, we’ll explore how teenagers are taking charge of their financial independence in 2023 and learning important lessons along the way.

Strategies Older Teens Are Using to Become Financially Independent

As older teens begin to navigate the world outside of high school, many are eager to become financially independent. There are a variety of strategies that these young adults are using to achieve their goals. Regardless of the approach, it’s exciting to see young people taking the initiative and setting themselves up for financial success. 

Below, we’ll take a look at some of the strategies older teens are using to become financially independent in 2023.

They Diversify Passive Income Streams

In today’s digital era, there are various ways for older teens to diversify their income streams. One of the most popular options is to start a side hustle. With the power of the internet, young adults can easily create and sell products or services that cater to a specific niche. 

For instance, developing an online course on a topic they are knowledgeable about or becoming a freelance writer for businesses or blogs are great options. Another way is to become an OnlyFans 18 or older content creator or an influencer on platforms like YouTube or TikTok, where you can start earning money through ad revenue and brand sponsorships. 

Not only do side hustles allow teens to gain financial independence, but they also provide valuable experience in entrepreneurship and business management. Investing in the stock market or real estate is also a great way to generate income. The key is to find what works for you and consistently put in the effort to grow your income streams. 

With dedication, hard work, and a little creativity, older teens can take advantage of the digital age to achieve their financial goals.

Copyright: Pixabay I License: CC0 Public  Domain


They Invest in Themselves

These days, teenagers are exposed to an overwhelming amount of information and opportunities to shape their future. Older teens can invest in themselves to become financially independent by gaining knowledge on personal finance, budgeting, and investing. 

They can attend workshops, read online courses, listen to podcasts, and watch videos to acquire financial literacy skills. Additionally, they can cultivate their talents by freelancing or interning to gain practical experience in their field of interest. 

Staying updated with the latest advancements in technology and social media can also help them market their skills and reach potential clients or employers. Ultimately, financial independence requires discipline, perseverance, and a growth mindset. 

By investing in themselves, older teens can take control of their future and pave the way to a fulfilling career and financial stability.

They Track Spending Habits

While traditional methods like pen and paper still work, there are countless digital tools available to help older teens monitor their financial health. Many teens find success in using budgeting apps that connect directly to their bank accounts, allowing them to easily track their spending and see where their money is going. 

Additionally, utilizing credit monitoring tools can help young adults establish healthy credit habits and keep tabs on their credit scores. With these tools at their fingertips, older teens can gain the financial independence they need to set themselves up for success in the long run.

They Learn How to Invest in Stocks, Bonds, and ETFs 

Investing in stocks, bonds, and ETFs can be an excellent way to gather and grow wealth, but it takes knowledge and discipline to succeed. In this digital era, there are various ways older teens can learn how to invest their finances, such as attending webinars, reading articles, and taking online courses. 


While the steps to investment may seem daunting at first, the key to successful investing is to start small, stay disciplined, and choose investments that align with personal values and goals. With proper education and a willingness to learn, investing can help pave the way to financial freedom and independence for older teens.

The Trend Is Real

Older teens in 2023 are taking steps to gain independence and become more financially stable than ever before. They are making investments, starting their businesses, and planning for their future. With more access to technology, education, and resources like never before, these teens can break out of societal norms and move into the world of financial independence. 

And hopefully, this trend will continue, as it has proven to be beneficial for society as a whole. It’s inspiring to see younger generations take responsibility for themselves and carve out a path to success.

Continue Reading

Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.

Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.