Not exactly a deep topic but anxiety-provoking, nonetheless. Of course, teens need money, but should we just hand it out on an “as needed” basis or actually give them a certain amount each week or month (an “allowance”)?

If we give them an allowance, how much do we give? Should the allowance be tied to performance (chores, grades, behavior) or paid completely independently? How often should allowance be paid? How should it be paid? Do we tell them how to spend it? What if they run out? What if they have a job?

I answer these questions and more on today’s episode 20.

Access TRANSCRIPT here.

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