Tag Archives: allowance

Allowances: Studies vs Common Sense

The words ‘studies show’ almost never bode well in any online discussion. Rarely supported by references to actual studies, it’s a phrase invariably deployed by anonymous, self-professed ‘experts’ to stifle healthy debate. Even in a well written article, ‘studies show’ frequently … Continue reading

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Why I Stopped my Kids’ Allowance

We need to teach our children about money and how it works, partly to curb their short term demands on us, but mainly for their own long term benefit. When I was growing up, the usual parental tactic was to … Continue reading

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I know I said you could spend your allowance on whatever you want…

…but I absolutely forbid you to spend $39.95 on a 5lb gummy bear.

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