Allowance For Kids: Setting Up Mom’s Bank
#007 In this episode of the BratBuster's Parenting Podcast, host Lisa Bunnage and her daughter Amy discuss techniques for teaching children financial responsibility. Key methods include using a homemade banking system called 'Mom's Bank,' introducing allowances with interest, and integrating chore charts to encourage earning. Personal anecdotes highlight the importance of starting financial education early, the impact of part-time jobs in teenage years, and the significance of open communicat...