My 9 and 13 y/os pay rent out of their allowance every month. They get between $10 and $50 a month depending on how many chores they do that month. They each pay $5/ mth for rent. I'm getting them used to paying bills at a young age so when they're older it won't be a shock. I take the rent money and save it for them or invest it in a stock account for them when they turn 18.
Do you agree or disagree with this?
UPDATE: Everyone is blowing this way out of proportion. This rent issue is actually a very small part of our lives and the kids like to choose where to invest their money every month. And yes iI supplement this amount too. They are learning a little about investments and money management. They are very much loved and all their needs are well taken care of by myself. Its actually more likea game than paying serious rrent. They are living their childhoods as kids, not little adults paying bills, etc. DS13 is in all honors classes at school, plays football and does track. DD9 gets straight As, does dance and basketball. They are not slaves. They have chores to do daily and I can afford to pay them usually $50/month in allowance. Sometimes it varies. So chill out everyone. I'm not damaging them psychologically and there is no abuse or neglect. For goodness sakes, its a $5/month game we all enjoy playing and learning from.
Do you think that people who didn't "pay bills" when they were 9 were "shocked" when they became adults? Lol. I didn't and wasn't. I truly don't know anyone who was. To each his own, I just think that's a weird line of thinking, personally.
Um, that's extremely radical and I'm damn sure not at all healthy psychologically. .
Kids should be allowed to be kids while young and children.
Talk about instilling fear of ones parents not being able to provide for them and general feelings of being unsafe about the world and their future, at a young age.
They are not adult, but are expected to carry the burdens of adults. RENT at 9 and 13, wow.
( I know that's not your intention but. . .it's either going to go well for them, or they will spend more money than they will ever make/earn as children ( even in a good investment portfolio ) trying to fix the damage you did mentally to their psyche later when they are grown )