Teen Singer Jadagrace -- I've Got A Record Deal to Go With My TV Show

Teen singer/actress Jadagrace can't even drive yet ... but she's already making bank after signing a lucrative new recording contract -- well, lucrative by most 15-year-olds' standards.

Jadagrace has inked a deal with West Gate record company to make up to 5 albums. According to the contract -- obtained by TMZ -- she'll collect a hefty advance of up to $60K for each one -- not a fortune in the music biz ... but it beats workin' a fast food drive-thru.