When I was 16, I had a $10/week allowance. Well, $10 was the baseline. If my parents heard me say the D-word, the H-word, or heaven help me the S-word, I lost a buck, so it was usually more like $7 or $8. Given that my weekly expenses totaled well, nothing, this was a pretty good return. Sometimes I even got a couple bucks for raking the leaves.
Odds are that, financially, your sixteenth year looked somewhat similar. Unless youre Justin Bieber. The fact that the teen mega-idol makes a shitload (whoops, just lost a dollar) of money comes as no surprise, but seeing the amount of money in print will stun you all over again. Ready for it? Okay. $300,000. Per. Concert.
The Smoking Gun unearthed that upsetting figure. Between now and years end Bieber has thirty dates. Do the math; thats a cool $9 mil in just over two months. What in Gods name does a sixteen-year old do with nine million dollars? I dont know, but does anyone else get the feeling we might see another My Parents Stole All My Money lawsuit in a few years?
This all makes me feel like I really underperformed at 16. I wasnt even getting $3,000 a concert! Im telling my mom I want a bigger allowance.