This week we are hosting a match: allowances versus Moneypants. The majority of Americans believe it is critical for parents to teach their children to be financially responsible. So, most parents pay their children a weekly allowance with the expectation that it will teach their children to be financially savvy. But is this approach actually working? How well does an allowance actually prepare children to become financially responsible adults? We will break down exactly what qualities make an adult financially responsible. We will then be comparing an allowance with the Moneypants approach and show why Moneypants clearly beats out an allowance every time. We will also discuss why some parents have decided to forgo paying their kids entirely, and why that is a mistake.
https://captainmoneypants.com
10 Keys To Detecting Entitlement
Don‘t Crush Your Kids‘ Dreams
The Four Sneaky Lies That Video Games Sell
How Moneypants Came To Be
The Best Time To Teach Manners To Kids
Overcoming The 5 Hurdles Of Using Cash
Is Mom The Family Maid?
Crafting Effective Consequences
Control vs Consequences
Detecting And Avoiding Manipulation
Weathering The First 30 Days (And What To Expect)
Practical Help vs Fluffy Advice (Detecting Nonsense)
Avoiding The College Debt Trap
Supporting Your Teens With Their Goals
The Secret To Self-Esteem
40 Skills Every Kid Should Have Before Leaving Home (pt2)
40 Skills Every Kid Should Have Before Leaving Home
The 7 Steps To Resolving Fights
Clever Devils
The Magic Of Bridge Money
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