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Allowance Magic Review
Description: Allowance Magic is a great program that helps parents turn allowance into a learning experience of a lifetime for their children. It includes a book and a whole site to help you find exactly what you need.
Review: Every parent in the world has gone through the allowance dilema. It starts with how much and how often. Then come the rules. Then comes giving the allowance and last but not least - if you don't follow the rules you aren't getting an allowance anymore. It's a battle from beginning to end and many times noone wins.
Allowance Magic can help take those struggles out of your parenting life. It can also help teach children to be financially stable now and as adults.
Allowance Magic starts with the magic. A few of their ideas include how to spend less money on your children and how to stop those requests for more money. It shows you ways to help your child save money and spend it on things they really want or need. It even goes into detail about why you shouldn't use money to get your children to do what you want them to do. Changing a behavior with the incentive of money was always something I did without thinking. After this I won't be doing that anymore. I see now that it hurt me more than it did them but it is really is an injustice to the children.
The allowance part starts by having you determine, based on your family and lifestyle, how much allowance should be given and for what reasons. It helps you to determine when to give an allowance and when the amount of the allowance should change or be reviewed. It also helps with getting your child started on saving money and changing spending habits. It even talks about earning and affect.
This book and site is a wonderful place to start if you're heading down the allowance road. It will help you and your child see a brighter financial future with the education and support you receive. What better way to teach your child and get results all will be happy with.
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