Thursday, August 21, 2008

Kids' Allowances: Expert-Approved Real-World Approaches

Allowances have long been an American family fixture, and for good reason. Experts say that giving kids a set sum of cash to manage regularly helps them learn to handle finances capably as adults.

What some parents have realized is that kids will do stuff for those dollars, and in today’s tough economic times, many moms and dads like the idea of teaching kids that money comes attached to obligations.
Read the full article.

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