One of the best things you can do for your children is to teach them everything they need to know about money and money management. One of the easiest ways to do this is with an allowance. When you provide your child with an allowance, it teaches them that a) they must do something to earn the money and b) they must use this money to get the things that they want. However, not everyone agrees and many people do not believe in allowances. So now I am asking you …
Do you give your child an allowance?
Do you expect anything in return?
What expenses do you feel your child should be responsible for using that allowance to pay?