Many of us tiptoe around the subject of our children's
allowance or approach it with wishy-washy ideas, often learned from
our parents and grandparents (who may have wanted the best for us,
but didn't necessarily give us good or usable information about
money). I see Allowance as a wonderful tool that you can use to
teach a phenomenal amount of information about finances and wealth
to your children.
The word Allowance in the Dictionary means "A sum
of money or goods given regularly to family members." The definition
is so vague and the terms "given and regularly" are the problem.
What it should say is, a predetermined amount of money or goods
given to a child for certain services performed on a daily basis.
If they do not provide these services they do not receive payment.
We are raised with financial ideas and philosophies
passed down through generations. Often we just take these ideas
and teach them to our own children simply because that's what
we learned, and what everybody else does - even if it's not what's
true or works best.
I am challenging you to begin to break this cycle
now, with your children. You CAN make a difference in your child's
wealth - now and in the future.
Sign up below to receive our Special Report "The
Smarter Way To Pay Your Kids An Allowance" packed with vital
information and statistics about allowance and recommendations
for how to pay your kids an allowance in a way that will help
secure their financial future. The Special Report also includes
our suggested list of Daily or Weekly Chores
(click here for more information about
chores).
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New York Times
best-selling authors
Mark Victor Hanson and
Robert Allen
give a powerful foundation for Prosperity 4 Kids
creator Lori Mackey.
"Finally, a
Real Piggy Bank that teaches life's 3 most important financial lessons to kids instantly.
I love this product and want every kid to have one starting at birth." Mark Victor Hansen
Co-Author of
Chicken Soup for the Soul
and 79 more New York Times
#1 best-selling titles
"Just imagine where we would all be,
if we were taught this valuable lesson as children.
Prosperity 4 Kids is a wonderful way
to start your child on the
road to financial success." Robert Allen
Author of New York Times #1 bestsellers Multiple Streams of Income, Nothing Down
and Creating Wealth
I had the absolute privilege of personally coaching Lori
Mackey at the beginning of her entrepreneurial career. I
congratulate her for creating Prosperity4Kids, Inc., a
cause-driven idea for kids that will assist today's children in
becoming our society's entrepreneurs of the future. I am proud
to have been a small part of her vision. Jeffery Combs, President
Golden Mastermind Seminars, Inc.
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