Congratulations! Aerosmith sounds like a great way to celebrate.
Welcome to the new territory. Teenagers are a breed unto themselves. Mine are 17 (DD) and 15 (DS).
Here are some of our "rules" in no particular order.
1. If you are married/with significant other, always present a united front in your decisions/discipline of your kids. If you don't, teens learn early to play one parent off the other, and that's a recipe for family and relationship disasters.
2. In imposing rules/curfews, it's always easier to start out "tough" and then lighten up at a later date, rather than be too lenient at the start and then have to reign them in later. I learned this one the hard way, and I DON'T recommend that route!
3. Backtalk and rolling of eyes is NOT permitted. Parental disrespect in not permitted. Teens can disagree with their parents and can voice their opinions, but there are acceptable ways to do it, and unacceptable ways to do it.
4. Our house, our rules. We have the right to decide what goes on under our roof and what comes in and out of here, including other kids, music, music videos, movies, video games, instant messaging, e-mails, blogs, etc. We won't monitor you at every turn, but we have the discretion to check in on you at random.
5. You must let us know where you are going at all times, with whom, and when you will return home.
6. You are a member of our family, and you will help out around the house and regularly participate in family meals and activities. Please respect our property and appreciate the fact that we let you use expensive items because we trust you to take care of them (cars, cell phones, etc.).
7. Homework always comes first before social activities.
8. Always let your teens know that you love them. Frequent hugs and kisses are good. Ask them questions about their school day, their friends, homework - anything to start and keep a dialogue so you know what's going on in their lives and what they're thinking. Get to know who they hang out with and their parents, if possible.
That's off the top of my head - this parenting stuff is not for sissies, is it?
Good Luck!!