Is it ok to charge your kids rent?

Author
Newstalk ZB,
Publish Date
Mon, 16 Aug 2021, 4:24PM
(Photo / Getty Images)
(Photo / Getty Images)

Is it ok to charge your kids rent?

Author
Newstalk ZB,
Publish Date
Mon, 16 Aug 2021, 4:24PM

A mother in the US has felt the wrath of parents worldwide after revealing on TikTok that she charges her 7 year old daughter rent to teach her the value of money.

Felicia Farley told TikTokkers, "every week my daughter has a list of chores. If those chores are completed daily, she will get $7 at the end of the week."

She then went on to say "In total she pays $5 for bills, leaving $2 left over which she can then keep and save or spend."

Andrew Dickens asked callers what they thought was appropriate for kids to do to learn the value of money.

LISTEN ABOVE