Top 20+ Reasons to Pay your Kid an Allowance -

Home
>
Parenting
>
Top 20+ Reasons to Pay your Kid an Allowance

Top 20+ Reasons to Pay your Kid an Allowance

1. They can make mistakes under your guidance

2. They will learn how to save for the future

3. They will learn that money doesn't "grow on trees"

4. They will appreciate what they have

5. They will learn to make choices and set priorities

6. They may stop nagging you for money

7. There will be less friction in your household

8. They will learn healthy financial behaviors

9. They will learn your values

10. You can teach them that it isn't all "about the money"

11. They will learn how to spend wisely

12. They will be prepared to enter the grown-up world.

13. Allowances will teach your children to be resourceful, independent and unique.

14. An allowance is a "tool to empower your children to avoid commercialism's clutches."

15. You can teach them to avoid the pitfalls of debt

16. You can help them improve their communication skills around money.

17. An allowance now could help them avoid future "marital money chaos"

18. They'll learn the difference between quantity and quality.

19. They'll learn how it feels to make a poor choice and have to live with it.

20. They'll learn how to resist impulses (sometimes, maybe!)

21. They'll learn to appreciate and take care of their things.

For help in designing an Allowance system that works for your family, please contact Cindy at 541-387-2995 or by e-mail.

Cindy S. Morus (www.phelps-creek.com) is a Certified Financial Recovery Counselor specializing in showing women and their families how to achieve financial well-being and peace of mind. She is also a Certified Credit Report Reviewer and Get Clients NOW!? licensee. Contact her at 541-387-2995 or cmorus@phelps-creek.com She is also the publisher and editor of "Financial Fitness", an internet gazette dedicated to helping people improve their financial fitness no matter what decisions were made in the past.

Attention Ezine editors/Site owners: Feel free to reprint this article in its entirety in your ezine or website as long as you leave all links in place, do not alter the content and include our resource box as listed above. If you do use the material please send us a note (cmorus@phelps-creek.com) so we can take a look. Thanks.

In The News:

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.latimes.com/features/lifestyle/la-ig-moms7-2008dec07,0,1362581.storycid=0ei=F_Y4SfCoD5WO9QTAz-2kCQusg=AFQjCNH0-7wPlDrOBaglWVDzhPW3HP17ywimg src=http://news.google.com/news?imgefp=NQ3mOLqMIMYJimgurl=www.latimes.com/media/photo/2008-12/43734030.jpg width=60 height=80 alt= border=1brfont size=-2Los Angeles Times/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.latimes.com/features/lifestyle/la-ig-moms7-2008dec07,0,1362581.storycid=0ei=F_Y4SfCoD5WO9QTAz-2kCQusg=AFQjCNH0-7wPlDrOBaglWVDzhPW3HP17ywHollywood#39;s mommy network/abrfont size=-1font color=#6f6f6fLos Angeles Times,nbsp;CAnbsp;-/font nobr6 hours ago/nobr/fontbrfont size=-1bPARENTING/b TIPS: Jennifer Waldburger, left, and Jill Spivack run Sleepy Planet, a business that counsels showbiz bparents/b. In Tinseltown, film and pacifiers b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.miamiherald.com/living/family/story/798406.htmlcid=0ei=F_Y4SfCoD5WO9QTAz-2kCQusg=AFQjCNFhrl8PklyTSfE1AWDoKEmtmrJfCAimg src=http://news.google.com/news?imgefp=u1exZn42Jb8Jimgurl=media.miamiherald.com/smedia/2008/12/04/10/637-famfun_wkend05.embedded.prod_affiliate.56.jpg width=69 height=80 alt= border=1brfont size=-2MiamiHerald.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.miamiherald.com/living/family/story/798406.htmlcid=0ei=F_Y4SfCoD5WO9QTAz-2kCQusg=AFQjCNFhrl8PklyTSfE1AWDoKEmtmrJfCASouth Florida bParenting#39;s/b 14th annual Holiday Show/abrfont size=-1font color=#6f6f6fMiamiHerald.com,nbsp;FLnbsp;-/font nobr1 hour ago/nobr/fontbrfont size=-1The two-day South Florida bParenting#39;s/b 14th annual Holiday Show offers a snow-tubing hill and play area, visits with Santa, Hanukkah fun, holiday crafts, b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.theledger.com/article/20081205/COLUMNISTS/812050311%3FTitle%3D10_Year_Success__Health_Families_Fla_cid=1277712858ei=F_Y4SfCoD5WO9QTAz-2kCQusg=AFQjCNE4J0NMVXhkUiyP-sLzdDY15F8z3A10-Year Success: Health Families Fla./abrfont size=-1font color=#6f6f6fThe Ledger,nbsp;FLnbsp;-/font nobr3 hours ago/nobr/fontbrfont size=-1She helped Deidre gain confidence in herself and her bparenting/b abilities, and encouraged her to set goals for herself, such as finding a job and going back b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.tampabay.com/SearchForwardServlet.do%3FarticleId%3D926877cid=1277712858ei=F_Y4SfCoD5WO9QTAz-2kCQusg=AFQjCNG1UAdx6zVWupddTfoypPFJbdfFdAProtect fragile young lives/a font size=-1 color=#6f6f6fnobrTampabay.com/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1277712858hl=ennobrall 2 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.tigardtimes.com/features/story.php%3Fstory_id%3D122834743754077200cid=1277303786ei=F_Y4SfCoD5WO9QTAz-2kCQusg=AFQjCNHqEgJiXQAUofzKHyGomMKJss61Cgimg src=http://news.google.com/news?imgefp=FCmK953KyQgJimgurl=www.tigardtimes.com/news_graphics/122834750365130800.jpg width=80 height=57 alt= border=1brfont size=-2TheTimes/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.tigardtimes.com/features/story.php%3Fstory_id%3D122834743754077200cid=1277303786ei=F_Y4SfCoD5WO9QTAz-2kCQusg=AFQjCNHqEgJiXQAUofzKHyGomMKJss61CgMake holidays brighter for children of incarcerated bparents/b, she says/abrfont size=-1font color=#6f6f6fTheTimes,nbsp;ORnbsp;-/font nobrDec 3, 2008/nobr/fontbrfont size=-1By Kristen Forbes A bParenting/b Inside Out class graduate poses with her son. She and her two children will be gift recipients at the Center for Family b.../b/font/div/font/td/tr/table

parenting - Google News