Parents give their children an allowance to teach them the value of work and money management. The average allowance for a teenager in America varies by age and economic status. But what if you were the children of a wealthy celebrity like, say…Michael Jackson? Prince (17), Paris (16) and Blanket (12) could be poster children […]
Necessities never end. –Kikuyu Proverb                                          On this day, I will take five minutes to think about an allowance system for my sons so that they can have their own descretionary money. If I already give them an allowance, I will take five minutes to review it to see if it is adequate and it is being […]
Most money experts agree that children should be given an allowance in order to learn financial skills at an early age. I disagree. Children should earn money just like we do. And, most importantly they must be taught what to do with the money once they receive it. I speak on high school and college […]
