10 Financial Reality Checks To Give Your Kids, Before Life Does - Page 4

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Have them work/save for special things

If there’s something really special they want, like to be able to go on a kayaking trip with friends or to go to a concert, don’t just pay for it outright. Understandably, they may not be able to afford the entire thing, but you can require them to pay for part of it. Say, for example, they want to go to an amusement park with friends, and the ticket is $200. Perhaps they have to pay for half. You will pay for half of that ticket, if they can come up with the other half. That might be through that job you already made them get, or through finding gigs like dog walking or washing cars for the neighbors. Show them that going to something like an amusement park is a luxury not to be taken for granted.

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