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3154: Why I Won’t Give My Kids An Allowance by Andy Hill of Marriage, Kids and Money

Optimal Finance Daily - Financial Independence and Money Advice

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Teaching Financial Responsibility Through Chore Money

In this chapter, a parent discusses their innovative approach to instilling financial responsibility in children through a system called 'chore money.' They outline five key benefits of this method, emphasizing the connection between effort and reward, wise spending, and the importance of saving.

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