Toni Braxton charges kids rent...

[pelers]

While I agree with the spirit of teaching kids financial responsibility... I do think it's straight up wrong to charge your under 18 children rent. YOU chose to have those children and YOU are responsible for them until their 18th birthday. Not saying you need to buy them a new iPad every month, but you are responsible for making sure they have a roof over their heads, are not starving and are at least decently covered clothing wise. Bare minimum.

As to what she's doing for the rent for her kids, is she making them give that back money back instantly, or do they have to sit on it all month? I think that would be the better lesson. Give them the weekly allowance, but make them responsible for saving for their "rent" and "utilities" at the end of the month.

[kwillia]

Originally Posted by pelers

While I agree with the spirit of teaching kids financial responsibility... I do think it's straight up wrong to charge your under 18 children rent. YOU chose to have those children and YOU are responsible for them until their 18th birthday. Not saying you need to buy them a new iPad every month, but you are responsible for making sure they have a roof over their heads, are not starving and are at least decently covered clothing wise. Bare minimum.

As to what she's doing for the rent for her kids, is she making them give that back money back instantly, or do they have to sit on it all month? I think that would be the better lesson. Give them the weekly allowance, but make them responsible for saving for their "rent" and "utilities" at the end of the month.

You do realize children don't wake up at the age of 18 suddenly understanding fiscal and personal responsibility....dontchu...

[RareBreed]

At Mill Creek Middle School, my 6th grader is going through Family/Consumer Science class this quarter. He is learning about managing bank accounts, credit cards, needs vs wants, as well as cooking, laundry, etc. Great class to teach kids how to prepare for life.

[Chasey_Lane]

Originally Posted by pelers

While I agree with the spirit of teaching kids financial responsibility... I do think it's straight up wrong to charge your under 18 children rent. YOU chose to have those children and YOU are responsible for them until their 18th birthday. Not saying you need to buy them a new iPad every month, but you are responsible for making sure they have a roof over their heads, are not starving and are at least decently covered clothing wise. Bare minimum.

I don't think Toni Braxton is denying her children a roof, food or clothing. She's making them appreciate what they have been given so that when they are adults, they will be productive and independent. Throw a college freshman into the world w/out ever having had to make an intelligent financial choice and see how far it gets them.

Good on Toni for teaching her children you can't make it on someone else's dime.

[pelers]

Originally Posted by kwillia

You do realize children don't wake up at the age of 18 suddenly understanding fiscal and personal responsibility....dontchu...

Of course. I'm not saying don't teach them about it, I just disagree with charging them for the basics that it is a parent's responsibility to provide.

The idea somebody else posted about charging them once they got a job and then putting it into an account for them is nice.

I moved out when I was 17, against my parent's wishes. I spent a bit of time couch surfing and then I got an apartment and learned firsthand about fiscal and personal responsibility. My parents let me take my knocks and learn my own lessons. Best couple years of my life, honestly. I learned more about learning to cope and living within my means during those years than I have at any other point in my life.

[bcp (Premo)]

Originally Posted by sockgirl77

Which is probably why she is trying to teach her children differently. I've made PLENTY of mistakes in my life. I am trying to teach my children to do the opposite. People can learn from their mistakes and do well later in life.

I do this for my daughter all the time.
she will come up and say, can I,,,, whatever it might be..
I say no.
she says, why dont you trust me, everyone else is doing it.

I tell her, yep, and I did it when I was your age too.

so she says, so if you did it why cant I.

well, because I did it, I know how it ends, and its not worth it. now trust me.

and after she calls me an ass for two or three days, she gets over it and I can sleep with my eyes shut again.