Chores and Allowance: How to Teach Kids Money Management
The Dad Edge Podcast
Larry Hagner
4.8 • 1.6K Ratings
🗓️ 15 December 2016
⏱️ 18 minutes
🧾️ Download transcript
Summary
Should you give your kids allowance? Or does giving them money for chores teach them a sense of entitlement. In this episode I share why I decided to give my kids an allowance for chores and how it changed the way our whole family thinks about money. Check out the show notes HERE.
Transcript
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| 0:00.0 | We are men. We are warriors. We are dads. Dads with a purpose. Dads with an edge. |
| 0:10.0 | We sharpen our skills so we can show up best for others. |
| 0:14.0 | We have one shot in life to be a dad. |
| 0:20.0 | Why not make it epic? |
| 0:30.0 | Gentlemen, welcome to the Good Dad Project Podcast. I'm Larry Hagner, I'm your host, |
| 0:32.0 | and welcome to the 32nd episode of Thursday |
| 0:36.2 | throwdown and I know I might have confused some of you guys because up until a couple |
| 0:40.6 | weeks ago Thursday throwdown used to be called Five Minute Thursdays, but I mean, let's be honest. |
| 0:46.0 | The episodes were never five minutes long, so I just decided that was really not appropriate for the show title show title so it is now Thursday throw down so this is our |
| 0:56.3 | 32nd episode we've been doing this for over six months and from all the feedback |
| 1:01.0 | I'm getting in the community guys you guys really really enjoy these short episodes |
| 1:05.1 | in tandem with our big episodes on Monday but really what this what the Thursday episode is all about guys |
| 1:10.5 | this came from feedback from our community so guys are always |
| 1:14.2 | telling us hey I love the fact that you guys released the ship the big show on Monday |
| 1:18.4 | morning you know I listen to it on my commute to the way to work and what I need though is something |
| 1:24.0 | something later in the week something to set me up for a really good weekend |
| 1:28.0 | and that is why I developed Thursday throwdown |
| 1:31.0 | and it's just it's just thoughts it It's thoughts of the week. It's things that I'm seeing in our community. It's other just fantastic ideas that I'm that I'm learning along the way from other guys within the community or guys within our masterminds |
| 1:43.2 | and just being able to share these things with you guys openly. |
| 1:46.6 | And speaking of our community, if you're not a member of our Dad Edge |
| 1:49.7 | group on Facebook, guys, seriously, make sure you are a part of that. |
| 1:54.6 | I mean, we are now about 3,500 guys strong from literally across the world. |
... |
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