Schoolfamily.com - Helping parents help their kids succeed at school

For many teens, the summer paycheck is the first “real” money they’ve ever had. And some have a tendency to spend every cent they make on clothes, CDs, and entertainment.

Welcome! Login | Register
Advertisement

PTO/PTA Leaders

Get free tools and tips to help you run your group from PTO Today—the #1 resource for school parent groups.




Advertisement

Recent Activity on SchoolFamily

Yesterday
Guest added a rating of 2 stars to this article: "Is Prekindergarten Right for Your Child?"- 09:08 PM
"Are Your Teens Using... updated in the blog by Carol B- 04:48 PM
Guest added a rating of 4 stars to this article: "Managing Stress in Middle School"- 12:53 PM
Demetri commented on 1 SchoolFamily items- 12:13 PM
QueenAna commented 1 times on "What If My Child Refuses To Do Homework?"- 10:46 AM
Mary commented on 1 SchoolFamily items- 10:45 AM
Sarah commented on 1 SchoolFamily items- 09:12 AM
2 days ago
Caroline Millorn commented 1 times on "7th Grade Academics: What To Expect"- 11:51 PM
 

This article is part of the following topics:   Building Responsibility & Independence High School Middle School Summer


  •   
    AddThis Social Bookmark Button
      

Help Your Teen Budget Time, Money This Summer

For many teens, the summer paycheck is the first “real” money they’ve ever had. And some have a tendency to spend every cent they make on clothes, CDs, and entertainment.

You can teach your teen a valuable lesson by insisting that he make a budget for his money. Included in the budget should be a regular savings plan—both for things he’d like to buy in the near future (for example, a personal digital media player) and for college or other education after high school.

If he doesn’t have a summer job, perhaps you can find ways to help him earn some money this summer. He could offer to baby-sit, for example, or do chores for an older neighbor who can’t manage by herself.

While you’re at it, have your teen make a time budget, too. It’s normal for teens to lounge around. But when they spend day after day in front of the TV, they’ll be bored at best, and possibly even depressed. Besides, kids tend to get into trouble if they have too much time on their hands.

Teens respond well to choices. If your teen seems to show no interest in getting off the couch, give her a choice of things she might do: organize the family photo albums, take neighborhood kids to the pool in the afternoon, volunteer at an animal shelter. When you give teens projects to do, you not only help them manage their time—you keep them interested in life.

Q&A

Need some advice?

Ask
EmmaJ asks…
Q:
Help for gifted daughter - My 7 year old daughter is gifted and goes to a public elementary school. We have met with her teacher several …

Copyright © Parent Institute

If you found this article helpful, sign up for our email newsletter and get all the latest tips and information delivered right to your inbox.

Rate This Article (Click on a star)

2 Votes

Comments

Add Comment





 
  •   
    AddThis Social Bookmark Button