Several years ago, I wrote a post about how we handle money with our children. I spelled out our philosophy on allowances, paying for chores, and what jobs our children could do for extra pay. At the time, our oldest was 13, and while the principles have stayed the same, the practice has change a bit now that he is advancing quickly toward adulthood. I thought it might be a good time to offer a new perspective on money as it concerns the teenagers in our home.
(You can read that original post HERE.)