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Whether it’s a few hours after school or a steady gig for the summer, a part-time job can teach your teen enormous lessons about responsibility, different personality types, and workplace skills—not to mention the extra cash in their pockets.

And the benefits may extend beyond job readiness and economics. A 2014 study published in the Journal of Policy Analysis and Management found that low-income students who participated in the New York City Summer Youth Employment Program, which provides training and summer jobs for young people ages 14 to 21, were more engaged and successful in school.

Image: Flickr user Jason James