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Old 03-03-2013, 12:21 PM   #132
stamplady_13
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Join Date: Aug 2005
Location: The Great Lakes State
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Quote:
Originally Posted by kramomma View Post
We were the last of the big spenders...our kids got $1 every 2 weeks for many years (we didn't start until they were 8 years old)...then they finally started getting $5 a MONTH...at age 16...


They had to tithe, give and spend from that!


Yep...now...they get nothing...they are 24 and 21 and they still get to do all that they did before but now for FREE!


Today they cleaned bathrooms, dusted, vacuumed, garbages...and they will be glad when they get to have supper!


I lived my childhood without ever getting an allowance or being given any payment for tasks I did around the house and at age 8 years old I could and did run our household, I did miss out on learning to budget money.


Sadly, I spent every nickle I earned babysitting (5 cents an hour back then) without ever learning to save...budgeting and saving has been a long, painful process as an adult.


I did learn from my parents' credit card issues that was not the way I wanted to live...and that was before Dave Ramsey...since I'm older than him!!!!


There's my 2 cents...you can always give me change if you don't like my 2 cents!
It's the saving part we really want to teach (well, giving of themselves and monetarily as well). When I was a kid and wanted something and it wasn't near any holiday, my mom always said "Save your money". They have enough stuff they don't need anything else. They are young but "Save your money" still applies. DH has talked about opening savings accounts for each of them.
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