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Tweens and Teens
Reply to "Money stress and forgetful teen"
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[quote=Anonymous]I give my teen an allowance, and it saves me a ton of money! If the money belongs to her, she has to decide if something is worth the money. While she isn’t doing a ton of work for the allowance, she is learning how to not mindlessly spend. If she saves up $100, then blows it all on a mall trip, then she will be broke until she saves up the money again. I buy her clothing basics, and she buys the rest. I buy her food, but she has to pay for any meals out with her friends. I take her on some out of town trips and conventions, but she is responsible for paying for tickets and any extras while she is there. She does this with birthday/holiday money and I give her $10 every other week. I’m a single parent who doesn’t make a lot of money. I do encourage her to join paid research studies, as long as they don’t involve taking drugs or invasive/risky testing. She wants to get a job, but I am concerned her school work load will prevent her from keeping a job. [/quote]
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