A summer job can be a powerful way for teens to build confidence, gain independence, and develop smart money habits. Whether you're a teen ready to earn or a parent looking to instill responsibility, the journey starts with taking the first steps early.

There’s nothing like the peace of mind knowing the money for upcoming expenses is already set aside. While an emergency fund covers unexpected events, a sinking fund helps you plan for those you can foresee—like taxes, insurance, and holiday gifts. It's a simple way to manage recurring expenses without stress.