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Should Parents Help Kids Decide How to Spend Their Money?
My 7-year old stepdaughter received $100 for a birthday gift last year. ... be taking out more money so the kids get used to tax and all that other stuff. ...ANSWERS
See all- I agree that as a parent, step or not, we have the job to make sure a child is guided to the best of our abilities. My kids never got to hold thier money in thier wa...
- If it was just $5, that would be fine, but $100 is alot of money, especially for a young child! I would open a savings account for her, any money she recieves goes d...
- my parents always made us bank half of any money gifts as a child. i hated it at the time on occasion, but now i see what they were up to -- teaching me about managin...