When your kids are young, you’re generally completely responsible for taking care of them physically, emotionally, and financially. But as your kids grow into teenagers, it can be very beneficial for them to learn how to earn their own money and begin to develop both financial and personality responsibility through having a job. During the school year, many teens don’t have the time to work. But once summer rolls around, it’s the perfect time for your teen to move outside of their comfort zone and start joining the workforce. To help them get started on the right foot, here are three of the best summer jobs for your teen to learn responsibility and earn money.
Become A Camp Counselor
While your younger kids are spending their summer break at summer camp, your teen could be working as one of their camp counselors. According to Janet Fowler, a contributor to Investopedia.com, being a camp counselor can help your teen learn about living on their own, as counselors often stay at the camp for the majority of the summer. While there will be adult supervision there, being a camp counselor will allow your teen to feel like they’re living on their own, generally requiring them to do their own laundry, manage their own time, and earn their own money. The skills your teen will learn from this experience will help them not only during the rest of their teenage years, but throughout the rest of their lives as well.
Serve As An Educational Tutor
Although some kids spend their summer break forgetting about school, there are plenty of kids out there who are looking to either catch up from their previous year of schooling or get ahead for the upcoming year. In either of these situations, the parents will often look for a tutor to work with the child. According to Chelsea Brennan, a contributor to Forbes.com, high school-aged tutors can charge anywhere from $20 to $40 per hour, which could be very worthwhile for your teen. Not only will they be making fairly good money, but they’ll also be keeping their minds sharp through their tutoring skills.
Start Their Own Small Business
For some kids, the entrepreneurial bug can bite very early on. Luckily, it’s pretty easy for a teen to start their own business. According to David Quilty, a contributor to Money Crashers, teens can start their own small businesses through endeavors like babysitting, cleaning, lawn care, working as a handyperson, walking dogs, and more. Just so long as your teen has a product or service that others are willing to pay for, and all the legalities are taken care of, your teen could make money and learn a lot from starting their own small summer business.
If you have a teen who’s ready to start working this summer, consider some of the options mentioned above for a great summer job.
For most people, the overall costs of having their own vehicle to drive will depend on a variety of factors. From the actual car you’re buying or leasing to the amount of wear and tear you’re putting on your car and how much gas you’re needing to purchase, having a car can either be very economical or very expensive. But regardless of how much money you’re spending on owning and operating your vehicle, you also have to have your vehicle insured in order to legally be driving. So to help you find ways to cut costs in this area, here are three tips to help you save money on auto insurance.
Different insurance carriers are going to charge you different prices for similar services. The trick to finding the best price for you is to visit a comparison site like Pretected. According to the Insurance Information Institute, you should try to get quotes from all types of car insurance companies before you pick the one that you’re going to go with. When doing this, you might want to start your comparison shopping before you even buy a new car so you can see how the cars you’re considering buying would affect your car insurance rate. Cars that have been deemed safer to drive often have lower insurance rates, which can have a big impact on what you’re paying for your insurance costs.
Only Pay For The Coverage You Need
Depending on your ownership of your car, the extent of the car insurance you’ll need can change. For example, if you have a loan for your car, you’ll need to have the maximum amount of auto insurance and have your lender and the lien holder. But if you own your car out-right and know that it’s really not worth much, Barbara Marquand, a contributor to NerdWallet.com, shares that you can reduce or get rid of your insurance coverage for things like collision or comprehensive coverage. Rather than paying for this additional coverage that might not even make a difference is the event of an accident, you might as well just save this money within your own accounts so you can have funds ready in the event that you need them.
Take Advantage Of Every Available Discount
Many car insurance carriers will give discounts to people for all types of reasons. Things like bundling your insurance coverage, being a safe driver, having good grades, and more can help you to save money on your overall insurance costs. Because of this, Trent Hamm, a contributor to The Simple Dollar, advises that you check out what insurance companies offer the maximum benefits to you and your particular situation. And once you’ve gotten these discounts, make sure you do everything in your power to ensure you continue to qualify for them.
If you’re looking for car insurance coverage, consider using the tips mentioned above to help you find ways to save.
Families with a single income have a hard time coping with ever-rising living costs. While some families deliberately choose the one-income setup, others are faced with situations such as job loss or prolonged illness that causes them to rely on a single person’s earnings. Whatever the reason, one-income families can have it hard, particularly when there’s a large debt to be paid off.
If you’re part of a single-earner home, you can resolve some of your family’s financial woes through prudent money management. Take a look at the following tips to gain back your household’s financial health.
In business, every penny counts, and a small increase in the revenue or a small reduction in expenses can have a huge impact on the profitability of the company. The good news is that a large scale restructuring of the company is not necessary. There are a few, simple steps that can help cut down the cost of operations in a business. It is a good time to step back and look at our business practices. Here are a few ways you can reduce business costs.
Every family man or woman wants to ensure the future of their family is as secure and as safe as this can possibly be. This applies to the finances of your family as much as anything else, so it’s a good idea to start planning the financial future of your family. Long-term planning will make a big difference in how secure your family’s future is and here are some of the ways in which you can start that planning process.
Even if you’re a workaholic, you can’t ignore the fact that you have a personal life too. Or, at least, you should have a personal life. Yes, you might have a very demanding career, but mastering the balance between your work life and personal life is crucial to your mental and physical well-being. If you think your health has been suffering recently then it might be time to reassess your daily routine. A good work life starts with a healthy personal life, so let’s talk about some ways in which you could improve your well-being and your career too.
Looking to get out of debt? Here are some important dos and don’ts to follow.
When money is tight, as it can be for many people, or you are looking to increase how much money you can put away into savings, it is normal to want to look for ways to save money. When you spend less than you earn, then it means that there will be something left over for you to make the most of. You might think that it can be hard to save money when money is tight. But the thing is, it is at times like this when you have to make a plan and work harder, so that you can give yourself some savings, or an extra safety net, to help cushion your expenses.
After an injury, be its origin a consequence of your previous employment or a simple life misfortune, it can be relatively worrying to come back to the workplace. This is because you might have had some time off, you might have left your place of employment and you may have even gone through a long and protracted legal battle with someone as you fought to claim the compensation you were owed.
The kitchen, long considered the heart of the home, has the potential during a remodel to affect your home’s value. It’s important to make sure that if you’re considering the resale of your home, to not only plan for yourself, but consider changes that could be a great investment for the future. The way a kitchen looks, its energy efficiency, countertops, appliances, and accents all play a tremendous role in altering the value of your home. Below are 6 tips that will increase your home’s value when remodeling your kitchen.