Use this checklist to better understand what your teen still needs to learn to be independent:
Preparation for an apartment
Can your teen …
- read and understand a lease agreement?
- set up utilities?
- furnish and decorate on a budget?
- figure out how much rent she can afford?
- find a nearby branch of her bank?
Preparation for necessities
Can your teen …
- make a grocery list based on a budget?
- do laundry?
- buy clothing as needed (not as wanted)?
- do basic auto maintenance and know when to take a vehicle to a mechanic?
- return an item for a refund or store credit?
- respectfully stand up for herself?
- budget and plan for tithing and gift giving?
Preparation for fun
Can your teen …
- determine how much he can spend dining out?
- tip appropriately?
- understand that not everyone’s money situation is the same and avoid trying to “keep up” with kids who have more?
- sacrifice when the cost of an activity — tournament or trip — outweighs resources?
- figure out weekly fuel cost for commutes from home to regular activities?
Preparation for emergencies
Can your teen …
- work extra during the summer to build an emergency fund?
- figure out whom to call for different types of emergencies?
- fill out paperwork at a doctor’s office and use his insurance card?
- have the means to call a cab if she needs to get out of an uncomfortable or dangerous situation?
- talk openly with you if there is a situation beyond her abilities?