Inside Out Blog

The Repercussions of an Allowance for Teens

If you are giving your teen an allowance, you may want to reconsider. A University of Washington study revealed that kids who received an unconditional, regular allowance thought less about money and were not as financially successful as adults. Even kids receiving an allowance for chores had a negative attitude about work. Instead, give your kids opportunities to choose projects around the house and pay them when they successfully complete the job. By associating their choice to work and a payoff for that hard work, they will develop a healthier attitude toward money.

 

Whether its money, pet care, or traveling tips, we have all the information you need right here at River Trail Apartments in Ogden, Kansas. We invite you to enhance your lifestyle with these helpful tips!

Ogden Parenting
Latest Blogs