How part-time work helps teenagers to learn vital money skills

The government’s overhaul of visa regulations last September means that teenagers aged 15 to 18 can now work part-time in the UAE, giving them an opportunity to earn a regular salary and learn some vital life skills at the same time. Those skills can include anything from money management to time management, as well as building confidence, instilling a sense of responsibility and gaining that all-important on-the-job experience. While it is an empowering experience for youth, the two most important skills for part-time working teenagers is understanding the value of money and how to manage a regular salary, financial experts say. This includes budgeting, setting savings goals and even beginning their investment journey as early as possible to take advantage of the benefits of long-term compounding interest. Host Felicity Glover is joined by Marilyn Pinto, founder of Kids Finance Initiative Global, who discusses the benefits of teenagers earning a regular salary through part-time work.

You can listen to How part-time work helps teenagers to learn vital money skills online on Radio and Podcast. Open the player on this page to stream the available audio.

How part-time work helps teenagers to learn vital money skills is an episode from Pocketful of Dirhams by The National News.

This episode is 18:32 long.

This episode was published on Jul 26, 2022.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Pocketful of Dirhams when more episodes are available from the podcast feed.