FRESH EPISODE: The highs and lows of being a Sandwich Generation parent.

84: Giving teens and tweens an allowance. Does it help them grow, or encourage entitlement?

What we give our kids to spend, and when, is a perennial problem for all parents. Money is a really tricky topic in any relationship; behind it lurks power, responsibility, and freedom. 

When our kids hit their tween and teen years their needs and desires begin to rise rapidly, so how we enable them to get those things will have a lot to do with how we feel about handing them money, and what we say to them about it. 

Early on, Rachel decided that she would use money during the teens years to begin the handover of respsonsibility in an attempt to teach her teens the value of budgetting and managing their own finances. 

This episode is an opportunity to hear how her system works and - two years on from when she first talked about it - to hear one of her teenagers discuss what the system has done for her and her sister. 

It's not perfect, nothing ever is, but hopefully listening to someone else's experience can help us all think through the best way to set up our own system that works for us. 

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