My teens' social lives are thriving, but my wallet isn't. Dances, movie tickets, and mall outings add up.

My teens' social lives are thriving, but my wallet isn't. Dances, movie tickets, and mall outings add up.

Maskot/Getty Images/Maskot

I have four kids. My youngest son and daughter, 12 and 14, respectively, are in middle school. They've both formed important friendships during this time — no small feat for kids this age — and being able to maintain these bonds is important to them and to me. That often means spending money. My money.

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