Thread: Kids and money.
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Old 05-11-2016, 02:45 PM   #20
Coach
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Quote:
Originally Posted by Oling_Roachinen View Post
I don't know if that will help teach him to save, if he doesn't actually have to save to get what he wants. Seems that it will do the opposite effect.

I guess it's what you mean by "fronting" him, but I would hope Wormius isn't thinking of charging him rent yet
Yeah, I suppose if he wants to buy a new toy or something, you could have him dip into his savings. But as far as clothes and whatnot, he's probably a little young to be paying for that stuff quite yet.

To me, the impact of saving would come later, when he's in his late teens and wants to by a car or a video game system or something, and you can say "well its a good thing I had you save all that money, because I wouldn't be buying it for you!"

Because at that time, he'll probably have a real part-time gig that actually pays for his clothes and movies and whatnot.
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