As parents, we waffled between giving kids a weekly allowance and expecting them to chip in to keep the house running like any responsible person. We finally had to admit, we were managers of our home and we were not running things very efficiently.
So, your daughter earns $13.75 this week, and she is ready for a payout. The problem is that your son is also expecting $15.50 from his completed chores, and you only have two $20.00 bills (which is rare, because you rarely ever keep much cash on hand!). Adding to the complexity, you are heading downtown […]
I won’t ever forget the first time my oldest child got his first paycheck from a “real job.” He was excited … that is until he started reading all of the fine print on his pay stub. “What’s FICA, and does this Federal and State income tax come out of every paycheck?” That $7.50 an […]