This week’s personal finance carnival not only provides links to dozens of informative personal finance articles, including Beyond Paycheck to Paycheck’s The 45-cent strawberry: Are organic foods worth it?, but also educates readers about homelessness in America. Talk about a buy one, get one free deal!
One of my favorite articles from today’s carnival is a Wise Money Decisions post: Using Allowance to Teach Kids About Money. This quick and entertaining read showcases the different approaches two families have used to calculate allowance amounts for their children. As a parent to two youngsters who don’t yet understand what money is, let alone how to get any, my wife and I haven’t tackled this issue yet. But I must say the capitalist in me is quite intrigued by the approach the second family has taken.
What about you?
Loading ...
Thanks for reading my article and the great mention!
Like your children, my daughter is too young to truly understand money. But she knows that daddy goes to work to make it, he puts it in the bank, and he buys food with it.
It will be interesting to watch her learn more about money as she grows.