Advice on allowance: Be inconsistent.
Trust me, I know what I’m talking about. I am about to offer up some advice on giving allowance to kids. Having raised two earning, saving, and yet generous and practical young people, I consider myself something of an authority. I’ve seen the situation go bad and I’ve experienced the pitfalls. I think I have some solid advice to offer. Judge for yourself. The traditional options Most allowance advocates will suggest one of three options – this Forbes article breaks it down. Chore-based: Payment is based on chores completed. Chores… Read More »Advice on allowance: Be inconsistent.