Allowance Answers: Revisited

In honor of April being National Financial Literacy Month, we're revisiting an episode from last year - Money Mindset: Allowance Answers. In this episode, Adrienne speaks with financial expert Mary Dyer about figuring out allowance for your kids. From how much should it be to what chores they should earn allowance for, plus, what our guest says is the *most important thing* when it comes to allowance. They discuss how much should kids earn, what should they earn money for and what should just be considered household chores, and what about those little purchases that seem like no big deal at the store, when should you float them some cash. These are all questions we can face every day as parents as we try to set our kids up for financial success. You may remember Mary Dyer from our previous "Money Mindset" episode. Mary is the Financial Education Program Manager at the Finance Authority of Maine, also known as FAME. She’s also navigated these same challenges with her own kids, too. Learn more about your ad choices. Visit megaphone.fm/adchoices