Should my college kid look for paid internships or work while in school, or should I support him so he can focus on his studies instead?
From the Editors
Should my collage kid look for paid internships or work while in school, or should I support him so he can focus on his studies instead? There is no golden answer. But if you are helping your child with expenses, create a reasonable budget with him or her that simultaneously teaches responsibility. “The child should understand that they must run their college career the way they would if they were receiving the income from a job,” says Denise M. Zapata, CEO and President of Zapata Private Wealth Management, receiver of the 2011 Celebracion de la Mujer award. “Teach kids good habits, because bad ones are easy to take on.”
Encouraging part-time work college will help get your child’s feet wet in the “real” working world, while managing money they worked hard to earn. Another invaluable lesson: Building multi-tasking skills — a crucial strength in today’s working world. A good place to look for part-time work is at the college bookstore or other local business that will work with their academic schedule.