I have three children. One is an 18yo college student, the other two are 15yo twin sons. Last summer the 18yo worked part to full time in a tourist shop, the one 15yo worked a boardwalk fry shop and the other 15yo did not work at all. My boys are very active at school and both have fall sports practice which starts the 2nd week of August.
The 18yo needs to work in the summer to earn money to help with her car expenses and for spending money during the school year. Yet, she doesn't really care whether she takes a well paying summer job. She waits til the last minute to put in apps. and doesn't really complain if she doesn't get in alot of hours. This year I have told her she needs to look for the best paying summer job she can get. If something expensive were to happen on her car, she just assumes her dad and I will help her out. On the plus side, she is a good kid. She saves every dime of her summer earnings, and unless it is something big, never asks us for anything. She is in college on a full academic scholarship. But she is heading for med school in two years and this will be big $$$$. I am trying to teach her to plan for the future.
The other 15yo still has no interest in working. He gets a small allowance from us, and generally seems content with this. He is quiet and shy, and I think a part time summer job would be good for him. His grades are not like his sister's and he will not be getting this type of scholarship. Plus in two years he will be driving, and I have told him he will need to pay the insurance and part of the cost of a car. He has no saving and only 2 summers to save for this. I hate to force a hs'er to work but I am seriously considering it. Both of my sons have expensive sports/hobbies such as skateboarding, surfing, football, running, snowboarding. There are times when I can't give them the money to take a trip or to replace a broken piece of equiptment. I would like to see them have some money set aside to cover these things when they come up.
The other 15yo worked hard last summer. Saved all summer and then spent most of it on an expensive surf board, and some school clothes. I am glad he worked but no money set aside for car insurance, college. He is giving me the opposite problem. He wants to work two jobs this summer. One that is just a fun job, and then bussing tables part time, because he can make a bit more money. I am trying to decide whether to let him do this. And I am going to be mean and insist that at least 30% of his summer earnings go in an account not to be touched until driving/college age. I will tell him to put another 10% aside to do things with in the winter.
Both working kids also give 10% to the charity of their choice.
Parents of teens, how did you handle this? How involved were you in your kids lives at this point.
The 18yo needs to work in the summer to earn money to help with her car expenses and for spending money during the school year. Yet, she doesn't really care whether she takes a well paying summer job. She waits til the last minute to put in apps. and doesn't really complain if she doesn't get in alot of hours. This year I have told her she needs to look for the best paying summer job she can get. If something expensive were to happen on her car, she just assumes her dad and I will help her out. On the plus side, she is a good kid. She saves every dime of her summer earnings, and unless it is something big, never asks us for anything. She is in college on a full academic scholarship. But she is heading for med school in two years and this will be big $$$$. I am trying to teach her to plan for the future.
The other 15yo still has no interest in working. He gets a small allowance from us, and generally seems content with this. He is quiet and shy, and I think a part time summer job would be good for him. His grades are not like his sister's and he will not be getting this type of scholarship. Plus in two years he will be driving, and I have told him he will need to pay the insurance and part of the cost of a car. He has no saving and only 2 summers to save for this. I hate to force a hs'er to work but I am seriously considering it. Both of my sons have expensive sports/hobbies such as skateboarding, surfing, football, running, snowboarding. There are times when I can't give them the money to take a trip or to replace a broken piece of equiptment. I would like to see them have some money set aside to cover these things when they come up.
The other 15yo worked hard last summer. Saved all summer and then spent most of it on an expensive surf board, and some school clothes. I am glad he worked but no money set aside for car insurance, college. He is giving me the opposite problem. He wants to work two jobs this summer. One that is just a fun job, and then bussing tables part time, because he can make a bit more money. I am trying to decide whether to let him do this. And I am going to be mean and insist that at least 30% of his summer earnings go in an account not to be touched until driving/college age. I will tell him to put another 10% aside to do things with in the winter.
Both working kids also give 10% to the charity of their choice.
Parents of teens, how did you handle this? How involved were you in your kids lives at this point.