Tis the season for New Year’s resolutions.
For many, the start of 2012 ushers in a fresh commitment to get financial affairs in order. This can take shape in a variety of ways. For example, some people may be inspired to take on another job to pay down debt. Meanwhile, others plan to spend less on necessities, or go cold turkey on impulse buys.
For tweens and teens, January is a great time to line-up summer employment. With jobs so hard to come by in this dismal economy, students can no longer wait until May in order to start their summer job hunt. What’s more, most states have specific laws in place regarding teens in the workplace. Generally speaking, a person must be 15 or 16 in order to obtain a work permit.
If you are too young to obtain a work permit, you can still make money doing odd jobs. For example, if you enjoy being around young children and have experience taking care of siblings, you might consider babysitting. Another way to make money without an official work permit is to complete yard work. Taking care of a neighbor’s lawn, including mowing and landscaping is great way to earn extra cash during the late spring, summer and early fall. For teens, who are computer savvy, consider tutoring young kids or senior citizens on the finer points of technology. You could also increase your pay if you are able to aid people in need of web design help.
If you are planning to go the part-time route, be sure you are working enough hours to turn a profit. If you are spending more money on transportation and supplies than you are making cash, then all of your hard work will be for naught. Also, be sure to assess your employment opportunities before making a commitment. If a job puts you in dangerous situations, it may not be worthwhile to pursue.