family of four

Start an Allowance to Start a Lifelong Money Conversation with Your Children

An allowance can help your child develop many skills: learning the difference between needs and wants, setting and saving for goals as well as making smart money choices. Perhaps, though, one of an allowance’s less obvious benefits is that it prompts a hopefully lifelong money conversation with your child.

AOA 029: Raising Money-Smart Kids by Giving Them Total Control of Their Money — With “First National Bank of Dad” Author David Owen

“Kids need control over their own money.” — David Owen Do you fret about giving your kids too much autonomy when it comes to money and allowance? In this episode …