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Kids’ allowances: You’re doing it completely wrong.

Stashed in: Parents, Parenting

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Allowance amounts can vary, but here’s the big idea:

Give your kids just enough so that they can get some of what they want but not so much that they don’t have to make a lot of difficult trade-offs. Let them own those, so they know what it’s like to make financial decisions that resemble grown-up ones.

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