Summer is fast approaching! Thus . . . the teenager/parent Summer job debate is right around the corner.
My teens look forward to this time of year when they break away from the day-to-day routine of school, homework and rules just to sit back, relax, play video games and hang out with their friends.
While they look forward to this time of year, I am desperately seeking ways to occupy their time: summer jobs, chores, camps, responsible recreation. Let’s face it, teens are expensive and, at times, challenging. This year, I’ve decided it’s time for them to be responsible, contribute to their own wants and build their savings account. So I did some research and have compiled a list of the top 10 reasons for teens to work in the summer.
1. They gain a better understanding of what life costs. Parents have rules when it comes to opening their wallets. Therefore, when teens start to work for their money, a sense of controlled freedom sets in. The result? Teens place a higher value on ‘their’ money and become more selective ‘spenders.’
2. They can start learning how to budget and save their money. Teens love money just as much as they love to spend it. Create a ‘matching dollars’ reward system and your teens are on the road to understand saving vs. spending.
3. They’re more likely to keep out of trouble. They can’t loiter, text, IM, surf the web, etc. when they’re working. Bottom line.
4. Working teens save parents money. Teens that work become more independent by nature. Therefore, as your teens stop asking for movie money, you can consider depositing those dollars into their college or after-college savings accounts.
5. They’ll gain real life experiences in dealing with other adults. The boss, customers and co-workers are far less forgiving than parents. That’s life. Better that they learn it now rather than later when they’re on their own.
Check back in for the remaining Great Reasons for Teens to Get a Summer Job.
