First time teen
I would throw into the mix an assessment of overall life priorities, too. I recently heard from a friend who said he had sold his boat: "The kids weren''t keen on going out; they went along grudgingly. The number of summer weekends left for us to spend together before they head off to college and their own lives is really quite few when you stop and think of it, and I can always buy another boat and cruise all I want when that bittersweet day comes." This is someone whose sanity and perspective I respect.