Yesterday we were working with a few students to prepare for the Dual School Exhibition on December 11th. I was curious how young people think about money, so I decided to ask, “How much money do you want to be making when you are 25?”
I gave no other framing and the first responded “A little above minimum wage, I guess.”
I asked him to get more specific and he said that $10/hour would be okay.
The next student said “I want to be an artist, so I expect to make commission rather than an hourly wage.” When asked if he were to make an hourly wage, he said $10-12 would work. These students are both 17 years old.
My colleague and I were expecting to hear things like $60,000/ year or $80,000/year but instead, we got low hourly numbers. I’m not quite sure what to make of this other than that there needs to be conversation about this topic. Young people certainly aren’t learning how to think about money, how much it costs to live and what it means to find a great job.
I’m curious to hear your thoughts on this topic. We work with about 45 high school students right now across four different programs and have some time to pilot a lesson or module if we come up with something.