money and allowance

TO MY MIND, THOUGH, there is a third development that has altered our parenting experience above all others, and that is the wholesale transformation of the child’s role, both in the home and in society. Since the end of World War II, childhood has been completely redefined. Today, we work hard to shield children from life’s hardships. But... See more

For most of my elementary years, I got two dollars a week — one dollar I could spend however I wanted (usually on baseball cards) and one dollar went into “savings.” And all of it was in cash, if not quarters. As I got older, I know my allowance grew, but my primary source of funds at that point was (cheap) babysitting. Allowance was for chores. It... See more