There are certain things that are basic, that C must do, as a member of the family, to keep the household running. That is independent of the allowance. The allowance is for her to learn to manage money. It started out at $1/week when she was in kindergarten. It stopped for awhile when we were really having a bad time. I agree, and we did this the same way with my kids. If they never have any money to manage, how will they learn the financial skills they need when they are grown and gone?I put this in the same category as teaching them other life skills like cooking and laundry.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra