Some parents who grew up in a
world where they were supposed to earn their own spending money as teenagers
feel disadvantaged by the experience and then seek to deprive their children of
the same privilege in hopes of helping their kids get ahead. What a disservice!
We are placed
in a cruel world where people are universally expected to be productive members
of society. Too many kids today finish college without having had any real work
experience and don’t know what it’s like to show up to work on time, take
direction from a supervisor or to be responsible for accomplishing a task by a
deadline.
Chances are
because you worked as a teenager, babysitting, waiting tables, delivering
newspapers, or mowing lawns. Maybe you hated it. But the experiences of work
helped to make you the industrious part of society that you are today.
Encouraging your kids to earn their own spending money teaches them the value
of money and how to get good employees.
The key to
motivating your kids to take responsibility for earning their way in the world
is tantamount to limit the amount of spending money you give them. It isn’t a
bad idea to give your kids a modest allowance. It’s best if the allowance is
tied to do chores around the house. Even then, do not forget to limit the
amount of money you give your kids. The whole idea is to leave the kids wanting
more money than you give them so they have the desire to earn some money on
their own.
It seems
unwise to give teenagers exclusive access to a car in which they have not meant
to pay. If you choose to give your teens cars, consider telling them to be
responsible for the insurance, gas and maintenance so that they learn
responsibility along the way. In most cases, it would be best to encourage them
to save for a car or simply use public transportation. If you dare, you can
also let them borrow your car—so long as they were it up for you once in a
while.
More pressure
teenagers feel to earn money for their personal expenses, the more
responsibility you are teaching. Some parents worry that they are depriving
their children of valuable study time and that working will lead to lower
grades and fewer opportunities in the future. Of course, there needs to be a
balance, but a college graduate with straight A’s through high school and
college who has never had a job will be at a serious disadvantage in the
workforce. Similarly, a high school graduate whose grades are not sufficient
for college will be at a grave disadvantage in the workforce. Help your teens
find a balance.
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