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HOW TO GIVE MONEY TO YOUR KIDS WITHOUT GIVING THEM ALLOWANCES

Do you give your kids allowances?

Here we explain why we don’t like to give allowances and what we do instead

We are not fans of giving kids allowances because giving them money just because it is something that won’t help them build any kind of discipline, responsibility or commitment. Instead, it encourages them to feel entitled to get money without making any effort. And we don’t want that for our kids, right? 

We want to teach them the meaning of work and responsibility. And it’s something that personally worries us because we have the luxury to live in a country where everything seems to be easy to obtain, and even though we don’t want our daughter to have the same struggles we had in our native countries, we don’t want her to get used to a privileged life.

So if you are like us, here is something I, Kate, personally learned from my parents and with Val decided to do the same with our daughter. 

GIVE YOUR KIDS A JOB!

So here is...

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HOW TO HELP YOUR LITTLE KID TO SUCCEED WITH MONEY

You and I have something in common, we want our kids to have a happy, fulfilled future.

We want them to succeed in whatever they decide to pursue, have a loving relationship, be healthy, etc. And we also don’t want them to struggle with money. But how can you help them when YOU have been struggling with it most of your life?

Well, there is one thing you can teach your kids that will help them in the future. 

Help your kids make their own decisions.

Yes, one of the biggest issues we adults are facing is our struggle to making decisions and commit to them.

We are so overloaded with small daily decisions. What to wear, what to cook for dinner, how to entertain my kids, decisions at work, with the family, with your friends, etc. And we are so tired and overwhelmed that we freeze when it’s time to make big decisions like should we buy a house or rent, should I save money, should I buy the car I want or a cheaper one, etc. 

We don’t know how to decide, and we...

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