If your teen has a job, do you require that they set some of their pay aside for savings?
My son wants to get a job, and I told him that if he did, he had to save 50% of his check for a car or college, 25% for bigger things that he wants like extra shoes, video games, cell phones, etc, and he could have the other 25% for spending money. Is this unreasonable? How much do your kids save?
on Dec. 7, 2012 at 8:39 AM