Kids and Allowance: Final Reader Question Answered by Linda Leitz

We’ve been taking time out here at Yielding Wealth to occasionally have Linda Leitz, author of We Need to Talk: Money and Kids After Divorce,  answer some reader questions. We are on our final question:
I’d like to give my kids an allowance to teach them to manage money responsibly, but they get money from my ex whenever they want it. How can I teach them that money won’t always just “appear,” and that they need to learn to manage what they have properly?
Here is Linda’s answer:
This is a difficult issue.  And kids generally know how to work each parent.  …read more