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  • I kind of like the clothing allowance idea. I think I'll give my dd a certain budget per season and tell her it has to cover a certain number of pants, tops, etc and let her decide how to distribute it.

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    05.06.08, 03:29 PM [ Flag ]
    • how old is she? what i do w/ my 13 yo is buy what he needs and when he chooses abercrombie that is not on sale, he has to put in a little of his own money.

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      05.06.08, 03:30 PM [ Flag | link to this post ]
      • She's only 9 now. I'm just thinking ahead. Basically, if she wants something $$$ it would be a tradeoff w/ other things.

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        05.06.08, 03:31 PM [ Flag | link to this post ]
    • i don't know, i dont like them to focus too much on money

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      05.06.08, 03:30 PM [ Flag | link to this post ]
      • np: i disagree with this. i think they should know what things cost.

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        05.06.08, 03:33 PM [ Flag | link to this post ]
      • Why shouldn't a teenager understand the idea of budgets and prices?

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        05.06.08, 03:34 PM [ Flag | link to this post ]
      • NP: It's a tough balance. You don't want them to become materialistic and think the value of money is bigger than it is, but it is crazy that massive credit card debt is some kind of rite of passage for recent grads.

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        05.06.08, 03:59 PM [ Flag | link to this post ]
    • It's a great way to teach them how to manage their money

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      05.06.08, 03:35 PM [ Flag | link to this post ]
    • My mom did this with us. We could spend 200 dollars at the beginning of the year for clothes. She would also have to approve though...

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      05.06.08, 04:54 PM [ Flag | link to this post ]
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