. They can make mistakes under your guidance . They will learn how to save for the future . They will learn that money doesnt grow on trees . They will appreciate what they have . They will learn to make choices and set priorities . They'll stop nagging you for money . There will be less friction in your household . They will learn healthy financial behaviors . They will learn your values . You can teach them that it isnt all about the money . They will learn how to spend wisely . They will be prepared to enter the grown-up world. . Allowances will teach your children to be resourceful, independent and unique. . An allowance is a tool to empower your children to avoid commercialisms clutches. . You can teach them to avoid the pitfalls of debt . You can help them improve their communication skills around money. . An allowance now could help them avoid future marital money chaos . Theyll learn the difference between quantity and quality. . Theyll learn how it feels to make a poor choice and have to live with it. . Theyll learn how to resist impulses (sometimes, maybe!) . Theyll learn to appreciate and take care of their things For help in designing an Allowance system that works for your family, please contact Cindy at -- or by e-mail. (c) Phelps Creek Financial Coaching - All Rights Reserved
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