PROS AND CONS OF GIVING KIDS AN ALLOWANCE STORY

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[{"selector":"#anim-7a5448d8-9599-4807-8a61-88775ff96a4c","keyframes":{"transform":["translate3d(0px, 1060.04697%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] WHY IT MIGHT WORK

[{"selector":"#anim-362a00f3-180f-47a4-849a-3dd87f6769ae","keyframes":{"transform":["translate3d(0px, -248.01587%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] An allowance can be a great way to educate a child about basic finances.

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[{"selector":"#anim-7e9f071f-a09b-4fde-8e52-ebf0e639c08f","keyframes":{"transform":["translate3d(0px, 302.81548%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] This provides parents with a good opportunity to teach their kids about why it is important to save in order to buy things themselves

[{"selector":"#anim-ff3c1cd4-4b9c-4db3-8de1-1d43274b15a9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] An allowance can also come in handy when teaching a child the concept of wages and how to balance a budget.

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[{"selector":"#anim-d16131a3-a243-406e-a903-45dfcb23c095","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":1000,"fill":"forwards"}] The other potential issue with an allowance is it can be hard to wean the child off from it and transition them to a job.

[{"selector":"#anim-7cde9731-674c-4abc-831b-e885c19aa6a9","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":1000,"fill":"forwards"}] SWIPE UP FOR ALL THE TIPS!