Mom Charges 5 Year Old Daughter Rent! Good Idea?

A mom is charging her 5 year old rent and the internet is freaking out! Here is the post from her Facebook page:

I MAKE MY 5 YEAR OLD PAY RENT. Every week she gets $7 dollars in allowance. But I explained to her that in the real world most people spend most of their paycheck on bills with little to spend on themselves. So I make her give me $5 dollars back. $1 for rent $1 for water $1 for electricity $1 for cable and $1 for food. The other $2 she gets to save or do what she wants with. Now, what she doesn't know is the $5 is actually going away in her savings account which I will give back to her when she turns 18. So if she decides to move out on her own she will have $3,380 to start off. This strategy not only prepares your child for the real world. But when they see how much real bills are they will appreciate you for giving them a huge discount! SHARE THIS ON YOUR TIMELINE FOR ANOTHER MOTHER TO SEE.


Some parents are disagreeing saying it's mean and not the best way to teach your kids about the responsibilities of real life.  I think it's GREAT! A friend of mine actually charges her kids 'taxes'! They sit down every year and figure out what taxes would be if they were of age and working. It has given those girls a big dose of reality when it comes to what they spend their money on and what they ask for from their parents.  They now understand how hard you have to work for those nice things you've always wanted.  However, this is ruffling some feathers and lots of parents are up in arms over this mom's strategy.  I think it's awesome, so kudos to mom!

Teri Ann

Teri Ann

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