{"id":15573,"date":"2023-05-30T06:48:54","date_gmt":"2023-05-30T10:48:54","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/why-you-might-want-your-teen-to-skip-the-side-gig-and-get-a-real-summer-job\/"},"modified":"2023-05-30T06:48:55","modified_gmt":"2023-05-30T10:48:55","slug":"why-you-might-want-your-teen-to-skip-the-side-gig-and-get-a-real-summer-job","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=15573","title":{"rendered":"Why you might want your teen to skip the side gig and get a real summer job"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002109308\" role=\"document\">\n<p><em>This <\/em><em>article<\/em><em> is reprinted by permission from <\/em><em>NerdWallet<\/em><em>.\u00a0<\/em><\/p>\n<p>Teens looking for summer work may think \u201cside hustles\u201d and social media are the only ways to\u00a0make money.<\/p>\n<p>\u201cWhat we hear from a lot of young people is that they\u2019d rather try to start a business than have traditional jobs,\u201d says Ed Grocholski, chief marketing officer of Junior Achievement USA, an organization that helps young people prepare for career success.<\/p>\n<div class=\"paywall\">\n<p>It\u2019s easy to see why teens are excited. Social media influencers appear to be cashing in on their images and hobbies, and side hustle culture makes it look more feasible than ever to market and sell a product or service. But what teens might not realize is that early entrepreneurial endeavors usually take time to take off. Put another way, they don\u2019t provide steady pay.<\/p>\n<p><strong>See<\/strong>: Social media poses \u2018profound risk\u2019 to kids\u2019 mental health, surgeon general warns<\/p>\n<p>But traditional jobs do, and for teenagers looking to eventually be their own boss online or off, such in-person work can lay beneficial groundwork. Here are some options for working-age teens and what lessons they could learn on the job.<\/p>\n<h2><strong>A positive attitude can lead to learning and earning<\/strong><\/h2>\n<p>Restaurants remain a quintessential employer of students on break.<\/p>\n<p>\u201cWe have more than 1.9 million teens on payrolls in restaurants,\u201d says Michelle Korsmo, president and chief executive officer of the National Restaurant Association.<\/p>\n<p>It\u2019s an excellent training ground for young people, she says. From food safety and customer service to problem-solving and time management, employees who want to be challenged will be.<\/p>\n<p>Korsmo says opportunity or need can arise quickly. That could mean moving from host to server or chef to fill an opening, or volunteering to pick up trash in the parking lot when nobody else will.<\/p>\n<p>\u201cSay \u2018yes,\u2019 have a great attitude, be willing to learn,\u201d she says. \u201cIt doesn\u2019t take very long before you gain in responsibilities and in ability to make more money.\u201d<\/p>\n<p>That kind of spirited attitude could be the difference between success and failure for the teen later trying to build a following on social media or\u00a0start a business.<\/p>\n<p><strong>Read<\/strong>: Jobs report shows strong 253,000 increase in April. U.S. labor market not cooling much<\/p>\n<h2><strong>Leaning on others takes the pressure off of just you<\/strong><\/h2>\n<p>While a side hustle can be a solitary experience, businesses that hire teens \u2014 like the local pool, car wash or grocery store \u2014 bring people together.<\/p>\n<p>Dan Horan manages a Wegmans grocery store in Pittsford, New York. He says the young people who come to work for him get a sense for the scale of the operation.<\/p>\n<p>\u201cIt takes 650 people to put this place together every single day,\u201d he says. \u201cThere\u2019s a lot of teamwork involved in what we do.\u201d<\/p>\n<p>Horan describes the store\u2019s staff as a support system of workers depending on one another and feeling comfortable to raise their hand for help.<\/p>\n<p>\u201cWe\u2019re here for what people have going on inside and outside of work,\u201d he says. \u201cIt\u2019s a safe place to go.\u201d<\/p>\n<p><strong>Also see:<\/strong> Venmo to roll out accounts for teens<\/p>\n<h2><strong>Social interaction is good for development and business<\/strong><\/h2>\n<p>Young workers will find communication in the workplace is an essential and organic experience.<\/p>\n<p>The in-person interaction is more important since the pandemic, Grocholski says. \u201cBeing around people, being in a team environment builds an entire skill set that frankly is kind of by the wayside, and is really critical for young people to achieve their potential.\u201d<\/p>\n<p>Aagna Patel, a former Junior Achievement member and now a college student in Texas, went to work as an accounting intern at a manufacturing firm in Houston the summer after her senior year of high school. She saw it as an opportunity to learn from the life experience of her teammates.<\/p>\n<p>Patel\u2019s colleagues ranged in age from 30 to over 60. \u201cYou learn from every single person around you, whether that\u2019s just from their experience or their experience with their family and kids, or their actual work career experience,\u201d she says.<\/p>\n<p>The communication skills could come in handy for future customers.<\/p>\n<p>Patel, who would like to be her own boss someday, says you learn how to be a people person and approachable. \u201cI think that\u2019s really important as an entrepreneur because you never know where there is an opportunity.\u201d<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaVideo\n            inline\n  article__inset\n          article__inset--type-InsetMediaVideo\n            article__inset--inline\n  \"><\/p>\n<figure class=\"media-object-video article__inset__video media-object-video--standard\"><figcaption class=\"wsj-article-caption article__inset__video__caption\">\n          17-year-old Luca Williams turned his passion for records into a business with a brick-and-mortar store on Long Island, where he sells records alongside other vendors and his mom.<br \/>\n        <\/figcaption><\/figure>\n<\/p><\/div>\n<h2><strong>Hard work pays off, literally<\/strong><\/h2>\n<p>A regular paycheck can feel like freedom to a teen. Kids who skip the day job and try to start with something not so steady may delay the financial gratification.<\/p>\n<p>Patel says her first paycheck sparked gratitude. \u201cIt really reminds you that your parents, or whoever is providing in your household, they really do have to work a lot to bring money to the table and to be able to provide you with all of the things that you have,\u201d she says.<\/p>\n<p>Horan says he sees teen workers figure out how to balance time and money. \u201cWe have a lot of kids that want to pick up more hours and get more hours because they\u2019re saving for something that\u2019s important to them.\u201d<\/p>\n<p>Parents can help teens in getting their first paychecks by encouraging them to open a\u00a0checking account\u00a0and explore a\u00a0debit or credit card. It\u2019s never too early to have \u201cthe talk.\u201d You know, the one about spending less than you make and avoiding costly credit card interest. It\u2019s a lesson parents can provide teens, along with the reassurance that a traditional summer job now doesn\u2019t mean they can\u2019t\u00a0monetize their hobby\u00a0later.<\/p>\n<p><strong>More From NerdWallet<\/strong><\/p>\n<p><em>Tommy Tindall writes for NerdWallet. Email: ttindall@nerdwallet.com.<\/em><\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/why-you-might-want-your-teen-to-skip-the-side-gig-and-get-a-real-summer-job-da94c7bc?mod=personal-finance\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This article is reprinted by permission from NerdWallet.\u00a0 Teens looking for summer work may think \u201cside hustles\u201d and social media are the only ways to\u00a0make money. \u201cWhat we hear from a lot of young people is that they\u2019d rather try to start a business than have traditional jobs,\u201d says Ed Grocholski, chief marketing officer of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-15573","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why you might want your teen to skip the side gig and get a real summer job | iFintechWorld<\/title>\n<meta name=\"description\" content=\"This article is reprinted by permission from NerdWallet.\u00a0 Teens looking for summer work may think \u201cside hustles\u201d and social media are the only ways\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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