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My son tends to "blow"his money. I'm trying to.have him make the connection at 13 but it is going slowly.
I must admit that I do not give a weekly allowance to my son, but I put money on his savings account on a biweekly basis. He could take it out, but I will notice immediately and would ask why...etc... The allowance thing was not something my parents used to do with us, that's why I just don't do it. What they did thought was give us the money we needed, when we requested it. e.g. going to the movies, restaurants, buyghing clothes, etc.
I might change that, since my son's friends have always pocket money at school, but I haven`t figure out how I'll do it yet.
The point here is to know if teens can manage the family budget, not only theirs. That implies providing them with all the information (income, expenses, etc). Some parents do not like that, so I was asking your opinions.
Could you explain what kinds of jobs your kids do so they are paid? Are they household chores? The only things I would agree children would be paid for are not regular chores, for example, washing the family car or painting the garage, or fixing something inside the house, but not for making their beds, or doing the dishes or laundry.
Thanks for your comments, I'll look up the training you took for more details.