How To Explain Holiday Spending Limits To Your Kids
Talk candidly with children about spending limits, teach money skills early, use allowances and involvement to build understanding and reduce holiday gift-giving guilt.
Our Son Destroyed Our Neighbor's Expensive Prized Possession. My Wife and I Disagree About Who Should Pay.
A 10-year-old should learn financial responsibility by repaying for damages from allowance to understand real-world consequences rather than being excused for accidents.
