Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Kids really get hundreds of dollars a month in allowance in your circle?
Wow.
our teens get 250 every 2 weeks. We sat down and did the comparison since inflation and that's what was reasonable
I knew some kids with absurd allowances like this... they were cokeheads. There's no other way to spend $500 a month at that age. But let's say your kids aren't into drugs (doubtful with that much money, constantly replenished, in their impulsive lil pockets) ... what are they buying?
Their own food? So they don't eat with the family. Studies show etc etc.
Their own clothes? So you don't spend that time with them, helping them learn what styles and fabrics and prices are the best buys. Someone needs to tell kids that "cute" garbage polyester isn't worth their money.
Uber rides? So they'll never learn to use public transportation.
And with that much unearned cash, they are definitely not learning how to budget, how to prioritize and delay gratification, etc. Inflation is all well and good, but teens don't actually need money. Their needs are covered. We give them a little to encourage planning and budgeting, and because we want them to make their own fun in age appropriate steps. Not because we want them to live like ballers with no guardrails.