Teaching Kids Finances // 9 Year Old // Hygiene Shopping

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Notice how the mom said they even pick out things like sugar scrub and hair dye. It's not all necessity, but personal grooming and what makes them feel good. They lose the EXTRA money if they are choosing not to take care of themselves.

ZakBagansloverever
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i absolutely love this. as an adult whos parents didnt really “raise” them, just watched them, this really warms my heart. you are setting your kids up for success. thank you for that.

necrocat
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i am horrified if money, spending money, calculating money. it all terrifies me to the point of panic attacks. thank you for not letting your kids be afraid of spending money.

sprayz
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Wow, somebody who ACTUALLY TEACHES THEIR KID BUDGETING, great job!

Gummpers
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She is giving them the money to buy for themselves the things that they need. Why are people missing the point? If you can afford it this is a great way to show kids what things cost and to buy for themselves. She is not giving them candy money. This is great!

kathrynoneill
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I can’t believe these parents are teaching the kids how to budget their money, so they can grow up to be financially stable adults so unbelievable😂😂😂😂😂😂😂👍

haroldgretzinger
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Honestly your whole family is so cute. I love how accepting you are and you're teaching life lessons that will be sooo valuable to them

cryahs
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Even showing kids when you're shopping, what you're doing.. and explaining why they can't get something would help. They're many ways to teach children about this.

gabelofi
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Teachers be like “yOu wOnT aLwAyS cArRy a cAcUlAtOr iN yOuR pOcKeT”

Bon_Chan_Is_God
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“they buy their own hygiene products”
me at their age: uses the same thing as my parents

febriantisetyastuti
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I was shocked at how much they got but I realised that this is a really good thing to teach your kids :)

AiYa.Ya
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My parents literally grew up showering in a bucket dish outside. My dad literally always reminded us how he loved cheap shampoo and body wash like Axe because he never had this as a kid or running water from a shower head. 🚿 it’s crazy to see how much things are changing. Kids now get to choose their products, while I had to use my moms shampoo and my dads ace body wash as a kid…

mklim
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"He gets 100$ every three months"
My man gets more than my parents gave me in my entire life in just three months 💀

edit: im tired of these nerds telling me to be grateful its just a fucking joke
edit: its been a fucking year stop replying

bibVFX
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My foster parents did this every month for me when I was a teenager. I like the idea. Will do it for mine when there older

victoriaskully
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Learning to budget would be having an actual realistic amount to spend. Also you're shopping at target which is far from the most economical place to purchase hygiene items. Even if the kid's switched their tooth brushes out every month I can't see them even touching that much money. Shampoo and conditioner for a child should surely last for three months especially an entire bottle of each. Bar soap would be a few bars and liquid would last even longer. I think teaching your kids where to shop smart and cheaper would be more along the line of budgeting. Letting your kids buy extra stuff that even most adults who do budget can't afford doesn't really say anything.

QuisineflipQuinn
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Wish my parents were like this. You're a great parent, they're gonna grow up to be responsible adults. <3

lildemon
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Honestly $100 for 3 months is a good amount. I have to spend around that much for myself every 2 months. I’m 14 and I know that prices are starting to get unreasonable for basic necessities. I went to the store the other week to get some shaving cream and it was $7 for a can, mouthwash is $7-$15, toothpaste + toothbrush $8, shampoo and conditioner $10+, body wash $10+, skin care $20+, I also had to use some of my money on other products I ran out of like cleaning supplies or things like that, and I might buy some clothes or undergarments which are very expensive for some reason…do better Walmart. Anyways i think that the parents are doing a great thing with this, teaching their kids how to budget and get used to the real world! I’m not a great writer so I’m sorry if this came out really wonky or weird- anyways, have a nice day/night!

cloudyfox
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Our teen has a $50 a month clothing budget. She can use it monthly, or save it up over several months and use it all at once or for bigger items. When we started, she went straight to a name brand store and then purchased one pair of leggings…that’s all she could get. A week later when she realized she needed something for summer and she didn’t have anything, she had to evaluate her purchases. She’s become a very savvy shopper, saving her money whenever she can, saving up for bigger things, and planning for things she will need the next season. She now has a job and is saving for her first car and we helped her set up a budget so she can track what she spends and see how much her choices affect her goals. Having control over your finances gives so much freedom.

thepurplebead
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This sounds like something young moms would share to eachother on facebook, "omggg that's soo smarttt Karen".

Sveta
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OMFG $100?! HES NINE! ALSO IVE SEEN THE OTHER VIDEOS GOING OVER THE ACTUAL ALLOWANCE WTF

The_Loudmouths