In a generation that is creative and tech-savvy, it should not be a surprise that Gen-Z teenagers are finding ways to make money.

A recent study by the Center for Generational Kinetics revealed that 77 percent of 14 to 21 year-olds are already earning money. Part-time jobs are a mainstay, but there is a healthy amount of self-starting, entrepreneurship: more than one in five teenagers are earning money online and 16 percent make money working for themselves.

Some get advertising revenue for creating videos or streaming. Some are selling products on sites like Etsy, or cool designs on Zazzle. Some have built small service businesses, and some are making money buying and selling vintage clothing and sneakers.

Source: "Uniquely Generation Z", IBM Institute for Business Value

Teen Money Management
The financial industry isn’t ready for teen entrepreneurs. You need to be 18 years-old to have a full-bank account or credit card, so many parents end up serving as an ad-hoc financial middleman in their teenager's business.

In the spring of 2017, author Jeff Bogle’s two daughters became tween and teen entrepreneurs when they launched a handmade jewelry Etsy shop called Loopholes Boutique, bought a vanity url, and purchased inventory, shipping and marketing supplies.

According to Jeff, the missing piece in their entrepreneurial puzzle was a money management solution. Jeff needed a solution that would allow his daughters to “spend, save and give more freely than having to receive their Etsy profits from me, in cash, store those tens and twenties in old metal Curious George pencil cases in their bedrooms, only to give some of those earnings back to me to place additional supply orders online and to make donations to their favorite causes. These were exciting times, but the money, man, the money part has been messy.”

The answer for Jeff and his two self-starting daughters was Current.

“Current allows me to easily and electronically move money that I receive from their growing business into her account that’s divided into three wallets to help teens — mine and yours — learn how to balance spending, saving and giving,” said Jeff. “Essentially, Current’s beautiful app makes it super simple for this dad to do and teach what I’ve been hacking my way through since my kids were little.