1. EachPod

Kids and Money - Allowance

Author
Greenway Wealth Advisors, LLC
Published
Tue 16 Mar 2021
Episode Link
https://www.greenwaywealth.com/

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them. 

Meet the voices behind this episode of Making Margin:

Today’s topic is all about kids and allowances. When to give? How much? For what?

Discussion Topics:

  • We talk about our experience with allowance as kids.
  • Should you give allowance for something specific or just for existing as your kid?
  • How much should it be given? Cash? Debit card? 
  • When should it start?
  • Should it change as time goes on? Does it grow as they get older?
  • Should we give them money or gifts for holidays/birthdays?

Resource:

https://www.greenlightcard.com/

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