Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Kids and Money"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]We started allowances in elementary school. Kids get $2/week, but of that, 50 cents goes into savings and 50 cents into charitable donations. (We collect it up and the kids direct the sort of organization they'd like it to go to.) They also get miscellaneous money over the year from relatives and spend a little of it, but most they're saving up of their own accord. Our kids don't play a role in family budgeting, really, or know details about how much we make, how much our house is worth, etc. But we do talk a lot about simple financial decision-making, like how we'd love to get take-out again, but we already had it once over the weekend, and it's much more expensive than cooking for ourselves. It's also helpful for them to learn that money from the ATM is not free, it's our own money that we worked for and are saving in the bank![/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
