Current Allowance Theories After doing quite a lot of research and talking to many parents over the past 6 years, I’ve noticed the following allowance approaches: The “No Allowance At All” Camp In my experience, parents in this camp usually didn’t get an allowance when they were young. A common opinion is that if it [...]
I wrote this book for a couple of reasons. The first being a very simple one: I want to make sure as many kids as possible gain the financial skills they need to grow up happy, healthy, wealthy and wise. As I explain later in more detail, like many adults, I never got this information [...]
Hello all parents, grandparents and guardians! Finally, there is an answer to the age-old allowance debate. It's simple: if we don't give our kids a change to practice using money (making, saving, managing, investing, donating) while they are young, they probably won't be very good at it when they are adults. Here's the idea. You [...]