[fooman]

Teens have very little financial responsibility. No credit cards, mortgage, kids, loans, etc. Therefore, any money they do have, is considered disposable. The elderly, on the other hand, have less of a disposable income due to many factors- rent, medical expenses, etc. So, even though the elderly may have more gross income, they have less net than a teen would.

I had a credit card at 18 and financial institutions are on campus blast marketing cards.

This so called disposable income should be saved for college/home and then one would have plenty of assets and no rent by the time they were 65.

My parents MADE us save from our jobs and taught us compound interest. There are calculators on the web that can show the hockey stick, such that a five year old can understand compound interest.

If this so called disposable income ( a misnomer) were saved, people would have plenty of money in perpetuity to buy all of thier healthcare.

Having insurance pay for murder is obviously wrong. 40 million abortions in the us and counting

[rintense]

Seems this country needs more parents like yours, and more teens like you were. I didn't have a credit card until I was 20- and learned the hard way how to be financially responsible.