First Job Means First Bills: 4 Expenses Your Teen Can Pay For

, | Wednesday, March 25th, 2015

Teen reviewing her bills

After a decade and a half of footing the bill for every expense for your child, the day has finally come when he or she can finally get his or her first job.

Whether it’s babysitting, bagging groceries or mowing lawns for the neighbors, your child is finally going to learn the value of a dollar. Here are some expenses your child can help you pay for now that he or she is earning a regular paycheck:

Cell Phone

You’ve been patiently (or impatiently) waiting for this moment since you added your child to your family cell phone plan, but now he or she can finally pay a portion of the bill. Determine how much of the bill you expect your teenager to pay for each month, depending on how much he or she is making in wages. For example, your teen may be able to pay for his or her entire share of the bill, or you may want him or her to simply pay for a specific service, such as text messages or data. Or, if you recently upgraded your teen’s device to the iPhone 5s, have him or her reimburse you over the year. However you decide to break down your teen’s financial responsibility, every little bit will help while also keeping his or her cell phone usage in check.

Car Insurance

Adding a teen driver to your auto policy is no small expense. Married couples adding a teen driver experience a 79 percent premium increase on average, according to national research conducted by InsuranceQuotes. Offset this staggering cost by having your teen contribute to his or her portion. This will also promote more responsible driving habits because your teen will not want his or her rate to increase because of an accident.


While you are thrilled to be relieved of your duties as chauffeur, now that your teen finally has his or her driver’s license, you seem to be going through more gas every week. Keep fuel spending in check by making your teen pay for gas with money from his or her job. You also may want to encourage your teen to ask friends for gas money if he or she is spending a lot of money shuttling friends around.

Something Special

While it’s fantastic to have some help with the monthly bills, be sure not to allocate too much of your teen’s money before it’s earned. You want to encourage your child to keep working and to have enough money leftover to spend on fun things he or she wants. Encourage your teen to buy some of the more frivolous items so he or she can enjoy the money earned from his or her job. If a big purchase is on his or her wishlist, like a new gaming system or an expensive new pair of sneakers, teach your teenager how to budget and save up over a period of time.

Your teenager’s first job is a great time to teach him or her the value of hard work and how to handle money. This will help your child mature into a financially responsible adult and help you with the bills in the meantime.

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