Submitted by [deleted] t3_z8ebyg in personalfinance
summer-lovers t1_iyb7bzp wrote
Is your 16 yr old going to have a job to help pay for the car, insurance, gas and maintenance?
Rave-Unicorn-Votive t1_iyb7smx wrote
And before that…does the 16yo need a car?
planetjenn t1_iyb8k7w wrote
Lol wellllll… yes he plans to get a part time job to help with gas insurance and maintenance but I already know I probably won’t take much, if anything. #badmom
Total-Force-613 t1_iyb9eol wrote
Take it, put it in an account and then give it back to help with college expenses or have it as an emergency fund for him
Backpacker7385 t1_iybqfeh wrote
This is the best possible solution. It teaches him to budget for things he needs/wants in life, plus you can still be a “good” mom in your eyes. Still, no shame in putting his money towards the bills if you need the help.
27Believe t1_iybgl8q wrote
Insurance for a 16 yr old and a male, brace yourself.
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