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The Topic: Allowances

JL;DR SUMMARY The article delves into the topic of whether to provide children with an allowance, presenting arguments from both sides. A way out west there was a fella, fella I want to tell you about, fella by the name of Jeff Lebowski. At least, that was the handle his lovin' parents gave him, but he never had much use for it himself. This Lebowski, he called himself the Dude. Now, Dude, that's a name no one would self-apply where I come from. But then, there was a lot about the Dude that didn't make a whole lot of sense to me. And a lot about where he lived, likewise. But then again, maybe that's why I found the place s'durned innarestin'.

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Tags

Financial EducationJewish FamilyBudgetingChildrenParentsMoney ManagementChoresAllowanceNeeds Vs. WantsFamily Finances

Places mentioned

United States
"Right now, we dont do an allowance; we give a reasonable amount upon request for the snack machines in school or the pizza shop, and we deposit a set amount monthly into the kids bank accounts, which theyre aware of but they dont have access to. Im not of the opinion that kids need to earn money doing the household tasks that are their responsibility, and we discuss with them how we invest their savings, the magic of compound interest, etc., every once in a while. When they want something extra special, we either decide to buy it for them or decide not to, and thats the end of it (kidding! That triggers a weeks-/months-/years-long campaign of why they neeeeeeed that very special thing, and we reassess at birthdays, Chanukah gift time, afikomen, or if they have sufficiently worn us down, depending on the item and how shitahdig we are about it. For all ot..."

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This item was indexed and curated by Cairo, JL;DR's web crawler.
Cairo Item ID 70392
Cairo Source ID 8
Retrieved 2025-12-15 05:30:35 UTC
Curated 2025-12-15 08:30:59 UTC