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No Stupid Questions

105. Should You Give Kids an Allowance or Make Them Get Jobs?

No Stupid Questions

Freakonomics Radio + Stitcher

Society & Culture

4.63.7K Ratings

🗓️ 26 June 2022

⏱️ 35 minutes

🧾️ Download transcript

Summary

How do kids learn about money? What’s the big problem with education? And who made "Raiders of the Lost Ark?"

Transcript

Click on a timestamp to play from that location

0:00.0

You are libeling your entire profession.

0:06.4

I'm Antela Duckworth.

0:08.8

I'm Stephen Dubner.

0:09.8

And you're listening to no stupid questions.

0:13.3

Today on the show, does giving your child an allowance actually teach them financial

0:17.9

responsibility?

0:18.9

He just can't give a kid $5 and be like, gee, they spent most of it.

0:28.4

Angela, we've got an email from one Valerie Boils.

0:32.2

Oh, I can't hear the name Valerie without thinking of Amy Winehouse.

0:37.0

Oh, is there a song called Valerie?

0:39.7

Amy Winehouse, who died young from, I think, an overdose.

0:44.4

That I know.

0:45.4

Was an amazing singer.

0:47.5

Hang on, here we go.

0:49.0

Let's hear some Amy.

0:50.0

Oh, it's good.

0:59.6

I miss her.

1:01.5

That is not Valerie's email, but that is definitely relevant to the name Valerie.

1:07.5

Correct.

1:08.5

Sorry, that was a tangent.

1:09.5

So Valerie Boils here, she writes to say, Stephen and Angela, my husband and I have been

1:14.3

discussing starting an allowance with their children ages 10 and 8.

...

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