It's a parent's responsibility to teach their children about finances. As kids get older, they like to have a little money in their pocket to spend on candy, movies with friends, and countless other things. There are some odd jobs kids can do before … [Read more...] about 4 Ways To Give Your Child Allowance
When my son got his first part time job earlier this year, I toyed with discontinuing his weekly allowance. I never acted on that impulse, so my son has continued to earn a sum of money each week for completing assigned responsibilities. One of those … [Read more...] about When Kids Disobey: Punishment, or Dock Their Allowance?
Image courtesy of Stuart Miles at FreeDigitalPhotos.net My son has been earning allowance since before he was ten years old. His payrate has been $1 per week for each year of age. Every year on his birthday he recieved a $1 a week raise, but he … [Read more...] about When Should Teens Stop Receiving Allowance?
My mother-in-law had planned to come to town to go shopping with my wife this weekend. When my son found out, he asked if he could go shopping with her first, by himself. He wanted to go shopping for Christmas gifts for my wife and I, … [Read more...] about When Should Kids Start Buying Christmas Gifts?