January 17, 2018
Financial advisor Hannah McQueen from enableMe says you shouldn’t charge rent to children until they’ve finished school or are work-ready.
She said we don’t want them to fear money.
“We don’t want them to revere it but they need to master it. You’ve got to build on lessons, not just come down with ‘life’s going to be tough, you might as well give up now’.”
McQueen said parents need to teach their children money isn’t magic.