“In a recent study from Teenage Research Unlimited, researchers reported that teens spent $159 billion in 2005. My own experience raising three teens led me to believe that many of them spent their parents’ money in 2005.” This 2-page Family Album Radio transcript was written by Donna Davis, and published by the UF Department of Family Youth and Community Sciences, July 2012.
http://edis.ifas.ufl.edu/fm421