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Wind down with Janet Kramer, an IHeartRadio podcast.

All right.

We've got some headlines this week to discuss.

We do.

One is about charging your kids' rent at the age of six years old.

Yeah. So can you just explain to the listeners this one? Because I see the headline and I'm like,

this is clearly just made in a joke reference. Well, it's actually not a joke reference.

And I can see the logic for it.

So let me explain it.

So a dad who charges his six-year-old child rent says it's good for her character.

Financial literacy is so important.

So essentially, he sets her chores and tasks to do and he pays her for them. And then the end of the week he goes into he knocks her on her door he's into her room and she has to have her rent prepared in a little envelope and hands him the rent so that's the basis of it it's also it's, it's rent and, oh, there's a dollar for utilities as well.

So it'll be $3 for rent and then $1 for utilities.

Yeah.

And the dad says, okay, thank you.

See you next month.

Now, I can see the logic in it.

I really can because it gets your child financial savvy at that point. But it's six years old. I understand at 10, maybe. Maybe 9 at a stretch. But 10 upwards, right? Okay. Now you need to know about money, now you need to know about responsibility and chores.

They need to know about chores before that, but I don't think there has to be a transaction until they're a little bit older.

Like Jolie has to, I was just thinking this just the morning.

The kids have to be a little bit more organized in the mornings now with chore stuff because we've got roaming to get ready for school as well now. Two of the days, yeah. Yeah, two of the days. So, like, the chores that have been set out, like Jolie feeding the dog, which she did this morning. Did she? Without being asked, yeah. Okay. And so these things are important because of the structure and responsibility and accountability piece.

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