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Old 02-09-2005, 11:15 AM
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Default Re: Giving Your Children An Allowance

Quote:
Originally Posted by PrincessPerky
OK so my kids are a bit young and my family is abit generous with straight loot, but I am not giving my kids money when I know they wil come out of ALL holidays with plenty of loot (even the mini ones), I might reconsider when their needs are bigger, but only if we have more loot then .

Actually I would rather they looked into a mini job, I am sure my neighbors would pay to have a kid take out the garbage or something, I would! Not much, but I would.
Regardless, you should still probably sit down with them to plan how they spend it.

I look at allowance as money that a kid is "allowed." Now, with their allowance, all other small purchases made by me or my wife are finished. If we are at the store and they want a pack of gum, they buy it. Of course, we have the power to say no if we think they are making a mistake. But, for the most part, we let them do with their money what they want.

JLP
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