Why You Shouldn't Tie Your Kid's Allowance to Chores - with John Lanza

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Investing, Business, Kids & Family, Parenting

4.9 • 604 Ratings

🗓️ 31 December 2018

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

John Lanza shares why parents should not pair chores and allowance together. We also review why parents should consider a larger allowance to increase their money smarts. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi, this is Ava from Vanta.
0:02.0	In today's digital world, compliance regulations are changing constantly,
0:07.0	and earning customer trust has never mattered more.
0:10.0	Vanta helps companies get compliant fast and stay secure,
0:13.0	with the most advanced AI automation and continuous monitoring out there.
0:17.0	So whether you're a startup going for your first stock two or ISO-27,001,
0:21.5	or a growing enterprise managing vendor risk, Banta makes it quick, easy, and scalable,
0:26.4	and I'm not to say that because I work here. Get started today at banta.com.
0:30.6	Start this conversation because it gets richer and richer as they get older.
0:36.3	Not that it gets easier and easier,
0:38.2	it ebbs and flows in terms of that,
0:40.0	but the conversation gets richer as they start to figure out,
0:43.8	ah, the things that they can do with money,
0:45.5	and they start to realize,
0:46.3	oh, I can be in charge of money,
0:48.4	whereas money is not in control of me,
0:50.5	and they move towards this kind of goal of money empowerment.
0:59.6	Music me and they move towards this kind of goal of money empowerment. This show is dedicated to helping you, strengthen your family tree, and live financially free.
1:05.5	Welcome to the Marriage Kids and Money podcast, everybody.
1:07.6	This is Andy Hill, and today we're talking about raising money smart kids.
1:14.1	This one is for all you young parents out there. We can work on our personal financial situation
1:20.3	all we want. But if our kids aren't equipped for the real world, how are we going to
	...

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