Wednesday, July 25, 2007

Have you put your kids on Commission yet?

I'm listening to Dave Ramsey. He says that he hates "allowance"; you know, giving your kids money on some kind of schedule. He says that it sounds too much like welfare. His kids are on commission. The idea being - you work you get paid. You don't work, you don't get cash and you can't buy stuff. (Ha Ha) - [paraphrase of what Dave said.]

Dave also says that he just hates the word allowance.

What do you think?

1 comment:

Joel Odom said...

It's not welfare if it's part of sharing within your own family.

I give Alex $3 / week. One dollar is for giving, one is for saving and one is his to do with as he pleases. I also pay him for certain chores while others chores I make him do just because he's part of the family and should contribute without expecting payment.