Thread: Kids and money.
View Single Post
Old 05-11-2016, 04:31 PM   #38
V
Franchise Player
 
V's Avatar
 
Join Date: Feb 2005
Exp:
Default

Yeah, it seems unfair to stop paying for stuff just because the kid got a job. If you were going to pay for it before they had a job, you should keep paying for it.

My kids have a paper route, and my daughter turns 12 this summer and will start making pretty serious coin as a babysitter. Our basic rule is that they have to put 10% away for charity, 10% for savings, and the rest they can spend as they choose. Right now it's pretty small dollars, but when my daughter starts babysitting she'll be making probably a couple hundred bucks a month. I expect at that point that we'll get a little more involved in helping her manage her money.
V is offline   Reply With Quote