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Did you know that the average American teenager spends nearly $3,000 a year? Sounds like a lot, doesn't it? But with money gifts from birthday and Christmas, allowances, and part-time jobs, teenagers have gained purchasing power in this country.But when you turn…

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What`s the first step in investing your money? What are GICs, RRSPs and mutual funds? How do you figure out which investment possibility is best for you? What a lot of questions, but if you`re a teenager and you`ve got an allowance, why not start thinking about…