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Aug 6, 2020 51 min

How To Leverage Your Income

from Moneypants Hosted by Moneypants

How to leverage the money and resources you already have to help motivate your family members to become their best selves. Did you know that most parents have no idea how much they actually spend on their kids? When they go to try paying their kids an allowance, they either grossly overpay or way underpay their kids, and the results are less than stellar. We’ll talk about how to determine how much to pay your kids. And what your kids should be paying for themselves. Hint: it’s not the electric bill. We’ll answer the question: how much should I pay my kid for doing the dishes? It totally depends. We’ll share the secret sauce behind figuring out the optimal pay. Plus, we’ll talk about how you can still use the Moneypants concept even if you are flat broke. https://captainmoneypants.com

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How To Leverage Your Income

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This episode was published on August 6, 2020.

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