Why I don't give my kid allowance

Ms. V is now six years old. Many money and parenting experts say give them allowance will help them develop money sense. Do you agree? I disagree! 

How can someone develop sense of earning when money just come automatically? Kids might be able to get away with being pretty, we as adults don't. Not even hot celebrities. Many kids got used to parents "supporting" them, so much so they can't live without the support well after the college. Who to blame? The allowance!

We taught Ms. V that we all have responsibilities to fulfill. Those things that we don't want to do, we can pay someone to do. As parents, we buy her necessities, because those are our responsibilities. If she want something, then she has to come up with her own money. Where her money come from? You might ask... From finding things around the house she can help with.

You see, we all get paid to help someone else. Whether it's our boss or our clients. The value is then measured by how much we are getting paid. This is the same way money work around our house. She picks up a job she want to do and get paid depend on how well she does the job. Make sense? It does to us.

Kids nowadays are full of entitlement. It's hard for them to appreciate when they get allowance on a scheduled bases.They never have to need to earn money so they never the chance to practice how. Since they complete the college, we expect them to know exactly how to earn money and land the best paying job there is. Who is being foolish?

Are you still giving your kids allowance? Do yourself and your kids a favor. Stop giving allowance now and hire them as your assistants. Trust me, it is more fun for them anyway.