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Elementary School-Aged Kids
Reply to "Allowance 10 and 8 "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]0. you ALLOW them to live rent free. you ALLOW them to eat free food. you ALLOW them to have free clothes. you ALLOW them to get a free education. you ALLOW them to have free trips/extra-curriculars. :) [/quote] So much for teaching financial literacy.[/quote] they will learn when they earn money through their own labor as teens. I am not against my children getting money, i'm against them getting an 'allowance'. They will learn (and I will teach) them financial literacy when they earn their pocket money from part time jobs/baby sitting/yard work/internship's, etc.[/quote] Yeah, good luck with that. Turns out it is much easier to give them the allowance so they have some discretion for the small stuff than it is to be nickel and dimed about reasonable things. It isn't so easy to earn money when you are twelve, but you are old enough for a slurpy on your own.[/quote]
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