Last week’s papers carried a story that estimated Australian children are being paid one billion dollars in pocket money (allowance) each year – and they have to do very little to get it.
Kids clean up in a billion-dollar industry [SMH]: AUSTRALIAN parents are spending more than $1 billion on pocket money a year but children are expected to do far less around the house in return … experts say [chores] are important in developing life skills
This story illustrates the problems when parents don’t consider the philosophy of pocket money. Take the time to think and discuss your own philosophy to handing over the cash.
» Read more: A billion dollars in pocket money and no chores?