Page 7 - My FlipBook
P. 7

Pros and Cons of a Part-Time Job

              While earning money is an important part of working at a part-
              time job, there are other advantages. Part-time jobs can teach
              teens valuable lessons that will help them throughout their
              working lives. The skills gained through work can include man-
              aging time and money, working with others as a team, dealing
              with customers and employers, and setting priorities. Part-time
              jobs also help establish a record of good work habits, which
              is important when seeking full-time employment later. Looking
              back on his raceway job, Bliss says, “I think I learned more . . .
              about economics and personal fi nance at that job than I did in
              any classes I had.” 5
                 Of course, if you’re working, you need to fi nd a proper bal-
              ance between school and work. Both are serious commitments
              that require dedication, energy, and above all, time. “It’s all
              about balance,” notes Scott Dobroski of the online job search
              site Glassdoor. “If [a teen’s] grades are slipping, then that does
              take  priority  over  work.”   Evaluate  your  current  commitments
                                        6
              to school (including homework and extracurricular activities), as
              well as family and leisure-time interests, to determine if a part-
              time job will fi t into your schedule. It may be wise to limit the
              number of working hours to fi fteen per week or fewer to make
              sure your job and other commitments can work together.
                 Another consideration is the possibility of making too much
              money. This may seem illogical, but earning too much can actual-
              ly hurt a high school student’s eligibility for fi nancial assistance for
              college. Need-based loans for higher education are determined
              by household income, including money earned by the student.
              The more a family makes, the less loan money will be available.
              For the 2018–2019 school year, for example, a student could
              earn $6,570 without affecting fi nancial aid. Making more than that
              would lower the amount of aid available.
                 Working a part-time or summer job can help you discover
              what career areas you might want to pursue as an adult. Finding
              a job that fi ts with your interests and personality may be diffi cult


                                              10
   2   3   4   5   6   7   8   9   10   11   12