After realizing their children became complacent from receiving everything they wanted, a father decided to cut their $400 allowance to $100. This led the kids to get after-school jobs, teaching them important values such as hard work, financial responsibility, and the importance of savings. Initially, the transition was difficult for the kids but resulted in a positive shift, with everyone earning their keep through jobs, mirroring the father's own upbringing and lessons learned about effort and reward.
I used to buy them everything they wanted, but over time, they stopped being grateful and became complacent about money.
After reflecting on our situation and how hard it was for me growing up, I had a change of heart.
I wanted my kids to learn about financial responsibility, develop a work ethic, and understand the importance of savings.
Today, my son and daughters have been working for close to a year. Jobs are the new norm, everyone is earning their keep.
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