Hello all parents, grandparents and guardians!
Finally, there is an answer to the age-old allowance debate. It’s simple: if we don’t give our kids a change to practice using money (making, saving, managing, investing, donating) while they are young, they probably won’t be very good at it when they are adults.
Here’s the idea. You know all that money you’re spending raising your kids? What if you sent some of that money THROUGH your children instead, putting THEM in charge of buying the things they needed and wanted? And what if we taught them how to do this all the while utilizing a wonderful money allocation system called The Money Jars so they learned early on how to put their money to work for them instead of them just learning how to work for it?