You can think of a zillion things you would buy if you just had the money, right? But it’s hard for most kids to come up with cash. In fact, 42 percent of kids age 6 to 17 don’t receive an allowance, ...
At some point in every parent’s life, there comes a time when it is impossible to avoid confronting the “A” word. That’s right. I’m talking about whether or not to give your child an allowance.
Lewis Mandell has gone renegade. An esteemed educator and early proponent of teaching kids about money in the classroom, Mandell has in recent years come to see financial education as largely futile — ...
This is the method that Lieber and his wife use. They give their 7-year-old daughter $3 a week, which she divides in thirds. She puts $1 into a "spend" jar to buy anything that she wants, $1 into a ...
In our world of increasing personal financial responsibility, where the social safety net is crumbling and individuals must learn to cope with complex money choices like how to save for retirement and ...
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