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It hits every parent at some time or another--do I give my child an allowance?
When considering this heavy subject, consider these questions to help you in your decision:
*How old should my child be before he gets an allowance?
*How much should my child get? and how often?
*Should allowance be linked to chores?
*What should allowance money be for? What are acceptible and not acceptible spending practices?
*How do I teach my child responsibility with money?
There is no right or wrong answer (though your children may beg to differ!) This will be a personal choice and one made with a specific child(ren) and parent(s) in mind.
Guru Spotlight |
Ray Lokar |