DON'T GIVE YOUR KIDS POCKET MONEY, THEY DON'T DESERVE IT! SPEND IT ON CHOCOLATE FOR YOURSELF OR SOMETHING!
When my children were in grade school nearly 20 years ago 25 cents went a long way in terms of candy at the local store. Everyday I gave them a quarter to buy whatever they wanted on their walk home after school. It was either candy or icecream and they would come home (two blocks) from school , sit on the front porch with friends, share candy, and laugh off any stress from school that day. So I don't think the pocket change was a bad idea.......
It's a good idea to give older children and teens money so they can learn healthy spending habits at a young age. I never really got spending money; I'd ask for something and it'd be purchased. Let them save their pocket money or allowance for something they really want. The real world isn't instantaneous and I got a rude awakening. Much rather would've learned this when I was younger!!!
Who hates it when teenagers spend their pocket money on useless crap?
Their parents of course.
I give mykids an alloance, IF they earned it. We go shopping once aw eel, tehy bring their money,I tell them...its yours. You can do what you want with it, but your not getting more if you see soemthing else you want. I also tell them, thats 2 dollars, you worked all week for that,is it worth it? then,its up to them. obviouslly they someimtes buy usless crap, but better now and learn from it then when they are big and its for real. They usally do a pretty good job at saving.
Um I had a job. I never really had an allowance before that. I used birthday money, or if it was really important my parents got it for me.
I have taught my kids since they were small ...you want something ...EARN it ...now ..they split 50/50 for something but they know its a privelege, not a right. how they spend their money is a learning lesson for them ...I jus @ them once they figured out if they wasted their $$ or not
I don't fight them on what they spend it on, as long as they honestly earned their wages. I have house rules, and they must follow these rules with their purchases. I haven't had any problems, plus they're learning the value of the dollar that they earned. Purchases of cheap stuff is definitely dwindling...
Over the winter my son had a job and I watched him spend on many needless items ... and go broke.
Whether they earn it or not, they're gonna spend it on needless things ... of course, I chalk this up to the impulsiveness of children and young adults. If society says your life improves when you buy an XYZ watchamallit, then they want that XYZ watchamacallit. Only later do they understand the foolishness of their financial faux paus, and silently regret it, as the item dissolves to dust in your attic.
My kids spent their money as they pleased. Once it passed from my hands to theirs they could do what they liked with it.
I used to enjoy seeing how far and wide they could spread my hard-earned.
Though mostly it seemed to go on snacks.
Maybe I was a bad cook ...
Useless to whom?
It may be useless to you, but to them it is necessary or else they wouldn't want it.
Its all POV.
by jacqui2011 12 years ago
How much pocket money do you give your children?How much pocket money do you give your children each week, and do they do chores to earn it?
by Sam Graham 11 years ago
Is it a good idea to give children pocket money for chores?Is it a good idea to give children pocket money for chores or should we encourage them to undertake them anyway?
by itzmylyf 14 years ago
My husband and I both work fulltime. Although he makes considerably more then me, I still contribute a little toward bills.But I have issues with money, I like to spend it. It's like I don't have anything in my brain that says "STOP", you really don't have the money for this.I want to...
by Cindy Lawson 10 years ago
How much pocket money / allowance do you give to your children?
by Cindy Vine 6 years ago
What are some good tips on how to save money?
by Miss M 14 years ago
I look Indian but I am actually not. I am bengali, I come from a small country called Bangladesh! Incedentially, it is next to India! So, anybody speak up about this matter!
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