While it is entirely up to you whether your kids should get an allowance or not, it is important to remember that you can teach them valuable life lessons with this small weekly amount of money. Giving children a head start on money lessons can help them later in life, ensuring they are wise when it comes to their monies. A small allowance for the week is a really awesome teaching tool that can be so very beneficial. Companies like portfolio recovery who are hired to recover unpaid accounts can certainly appreciate parents who offer the opportunity to learn about money to their little ones.

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