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Podcast: Optimal Finance Daily - Financial Independence and Money Advice
Episode: Why I Won’t Give My Kids An Allowance by Andy Hill of Marriage, Kids and Money
Description: Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 3154:
Andy Hill challenges the traditional notion of giving kids an allowance by linking money to effort through “Chore Money.” His approach teaches children real-world financial principles, like earning through value, saving early, and understanding limits, while also sparking entrepreneurial thinking from a young age.
Read along with the original article(s) here: https://marriagekidsandmoney.com/why-i-wont-give-my-kids-an-allowance
Quotes to ponder:
"You exist therefore you get mone...