Money Mondays, Allowance
The word Allowance can mustard up an argument from anyone. Allowances can be earned or voluntarily given. It can be a set dollar amount or even a percentage of work completed. Who receives allowances?
- Stay-at-home parents
- Working parents
- Budgeting families
I was an allowance earner as a child. I had to keep my room clean, but the true money maker was sweeping the floors, raking leaves and washing dishes. I never really earned much, but I was so proud to spend my money on a holiday gift for my best friends and my dog. So give it a try. Be stern with the earners and let them know, this amount is all you have, so save and save wisely.
This has been a Money Monday tip!