Why working part-time gives teens more than extra cash.
Is your teen anxious to get a part-time job? It’s understandable. Working part-time gives many teens a real sense of independence. And if you’ve instilled in them the message that working a few hours a week is expected of them, then you may have done them a favor in other areas of their life says Joline Godfrey, author of Raising Financially Fit Kids. “If you’re giving kids the message by the time they’re 10, 11 and 12 that by the time you’re 14, 15, 16, you need to start earning some money, there’s actually some pretty good data that shows that there’s a positive correlation between kids who do a little bit of work and their ability to organize their time.”
Finding a balance is essential and having a part-time job can teach teens how to manage money. “I know parents mean well by saying that they don’t think their kids should have to work, because they want them to focus on their studies or their extra curricular activities, but it turns out that’s a life skill that if they’re practicing it, it turns out they do better with it all through their lives.”
The Parent Report’s guest expert is Joline Godfrey, CEO of Independent Means and author of Raising Financially Fit Kids .
From the nationally syndicated radio show “The Parent Report”, hosted by Joanne Wilson and heard on more than 100 radio stations. Any advice or information contained herein should never be a substitute for professional and/or medical advice, diagnosis and treatment. For more information please review Terms of Service