I think all children need to learn that chores is part of a working family there can be an allowance, and saving is good!
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I think it's up to parents how they raise their children. That said, I think it's wise to teach children how to handle money...the video won't play for me, for some reason, but it would be nice if the mother took the rent money and opened a secret savings account for her.
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I may be wrong, but I heard a story just like this(May or may not be the same one) and the mom put the money in a savings account for when she goes to college.
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Not A Good Concept! There Are Other Ways To Teach The Child Monetary Responsibilities! Mine All Learned By Example
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How about it’s nobody’s business how she raises her child, unless there is abuse.
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Kudos. True to form people are only taking what they want from this and not looking at the whole picture.
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I am sure that her daughter will appreciate her mom's lesson later in life. I teach my son that he can spend part of his allowance but, he must also save some and share some with charities.
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