Empowering kids with budgeting habits: Allowance as a tool for success
“Parents give their children allowance with the hope that handing them cash will teach them money management, but most are only learning how to spend it, rather than how to save it. The average child with an allowance pulls in $65 per month, totaling $780 per year — a sum that provides a child enough money in a year to afford an Apple iPad or three Kindles and still have money left over.” But Rachel Lowry writes in the Deseret News that “experts say that as parents work to teach their children money management, shifting the focus away from entitlement and towards charity can be crucial.” Find out more about how to guide your child’s values through their allowance at:
Children need Allowance Guidance
Reviewed by Pisstol Aer
Published :
Rating : 4.5
Published :
Rating : 4.5