I never got the chance to receive pocket money from my parents, except for cash gifts from friends and other family members. And I always save a part of the money in my sister's…
This is quite a thought provoking post. My kids were given allowance if they had finished their chores all week. My son rarely got an allowance but my daughter would save hers.…
You have said it all.
Giving kids allowance is also a way of allowing them to cultivate financial discipline, they won't be kids forever. At some point, they will have to learn…
I started getting pocket money at about 8 years old. Even at that age, the deal was clear; apart from birthdays and Christmas, that was all that was available for toys and…