This mom makes her 5-year-old pay rent for a genius reason
When most people recall their childhood, they remember simpler times when their biggest stress was making it home in time for their favourite TV show or deciding what colour fingerpaint to use next.
Well this five-year-old has something much bigger to worry about: paying rent.
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6 ways to make your kid a money geniusEssence Evans recently wrote a post on Facebook about how she makes her daughter pay rent using a large chunk of her weekly allowance. Now we were just joking when we said this little girl has something big to stress over. She gets her “income” just before her rent is due and the amount is always enough to cover it?there’s no stress involved really. Although we’re sure she cried the first few times the money got taken away. It’s OK girl, we still cry every time we have to pay for those daycare bills! Each week Essence gives her daughter seven dollars, and out of that amount, she takes back five dollars for “rent,” which covers the cost of housing, water, electricity, cable and food. Wow, all that for $20 a month" This girl is living in LUXURY. After the fee is collected, her daughter is free to do whatever she wants with the leftover two bucks.
The best part" The rent that Essence ...
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