When our kids were teenagers, we gave them a credit card with a budgeted spend amount so they could buy their own school stuff. But, for anything not pre-approved by us, they had to ask us first. We were trying to train them to understand ‘needs’ vs, ‘wants’ . Very important distinction for budgeting, especially when you are first starting out.
When our kids were teenagers, we gave them a credit card with a budgeted spend amount so they could buy their own school stuff. But, for anything not pre-approved by us, they had to ask us first. We were trying to train them to understand ‘needs’ vs, ‘wants’ . Very important distinction for budgeting, especially when you are first starting out.
Smart