Help Your Teens Earn Money for Prom

Going to the prom is a rite of passage for many teens—and an expensive one to boot. But if you start now, they can earn money for their big night while taking some tasks off your plate.

Help Your Teens Earn Money for Prom

Last year the average family earmarked $1,100 to cover prom expenses. This year, get smart: Soften the blow on your wallet by having your teens contribute to the kitty. Read below for money-earning ideas that also teach valuable lessons.

Chores can add up. No question, you can give them a few bucks for routine chores like mowing the lawn or doing the dishes. Or sign them up for laundry duty. 

Think group effort. To help your teen and her besties earn big bucks, encourage them to “crowdsource” their prom fund by taking on larger endeavors with friends. If they like to cook, have them grab a few culinary-minded friends to host a dinner party/fund-raiser for the parents. The parents buy a ticket to the party (say $25–$50) and are treated to a night out with a home-cooked meal (and no cleanup!). If the event goes well, your teens can do it again with a breakfast or dessert theme.

Teach them to market their skills. Is your teen a stellar soccer player or a piano prodigy? Encourage them to approach your friends that have younger children and offer to give the kids after-school lessons for a small fee.

Go old-school. If your town allows it, help your teen and her friends organize a car wash or bake sale in a central location. At the end of the event, the teens can divvy up the earnings or put them toward a collective goal, such as the cost of their prom-night ride or the after-dance festivities. There’s no question—working for their ultimate prom will make the night even more memorable.