Break The Cycle!

I propose a change, let's help our children get started with a solid foundation. Paying them for chores (allowance) is a good start, after all; most of us earn a salary. Add a few steps. Teach them about setting goals and saving towards them. Rather than

Recently my son's teachers and I met for his IEP (individualized education plan) and one of the goals we discussed was using money. In elementary school this meant differentiating between bills and coins; here I asked them to help me teach him the concept of using money and tracking expenses. In this age of credit cards and online transactions, I would …