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[quote=Anonymous]Give both teens a comparable weekly or monthly allowance that allows them to pay for a reasonable amount of "nice clothes,...things like homecoming, social activities, phone chargers" etc.

Both teens have the opportunity now to do things that will benefit their own lives in the future. Teen who works should be able to save that money (if desired) to save, invest, pay for future car, etc. Teen who doesn't work has an expensive hobby that could parlay into an income later. But it is his choice not to work now and save his money. He shouldn't be coddled, and his sibling shouldn't be penalized for working.

Benefits of a clear allowance, which can be used to make a budget:

1. He will learn to lose things less and waste things less. (I wouldn't ride him too heard about the lunch, because he could always just throw it out at school so you'll stop nagging. But why is he not eating it--is it because he's buying junk at school? If he keeps doing that, that's a financial choice he'll be making with his own money.

2. You won't be lending him extra money, so you won't have to hassle him about repaying it or working it off. He wants phone charger? He can save for it or put it on his Christmas list. There's nothing he needs now that requires loans.

3. You remove the emotion from the money. You don't need to vacillate between being supportive and being frustrated. Instead, you can be supportive 100% of the time. "Oh, you spent all your money for the week and can't attend a movie with your friends? That sucks. Feel free to invite your friends over to watch a movie here instead."[/quote]

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