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Absolutely. I had a friend in college that was appalled that another friend had to work in college when his parents were well off. I think working gives you an appreciation for the value of a dollar, better work ethic, and makes you more relatable.
Completely agree - it’s an incredible lesson. My parents encouraged me to work as a teen, and it taught me so much about time management, problem-solving, and dealing with people. I want my kids to experience that too.
That's a very good lesson. The world is full of too many nepo babies who have never had an actual job. It's kind of scary when you see the positions of power some of them are in.
💯% my teenage kids all have to get jobs for any money outside of allowance which is not much. They already learned a lot about customer service and also how rude people can be to hourly workers. One is working in a fast food chain. The other in a retail store. They also appreciate hopefully how long it takes to work for $20 which they casually ask for all the time. I don’t want my kids to be entitled and trying my best to prevent that.
Absolutely. My kids are incredibly fortunate that their college tuition and room & board are paid for, but they are responsible for their own spending money. One of them has an incredible work ethic and never has an issue; one finds himself pinched for funds sometimes because he is picky about what he’ll do. He’s a second year right now, and he’s had a bit of a wake up call this year.
I also talk to my kids regularly about investing. They each have both Roth IRAs and brokerage accounts, and two of them have a HYSA.
Those that come straight out of college with little to no work experience are ill prepared and have a hard time adjusting. I recommend anything that requires interaction with customers and not just fellow employees. Customer service is challenging and really helps prepare you for many different jobs because there will always be customers whether they are internal or external stakeholders it’s a skill that will benefit them greatly.
Raised by older depression kids and anything that came out of mouth “I want…” was followed by “you need a job.” Even young some harder chores could be bargained to be paid. At 13 I babysat everyday across the street and had other jobs. Allot of skills and lessons learned. Btw - I was not on an allowance and also always had since age 6 a savings account for birthday, earned or other money I chose to save for Christmas or other purchases.