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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.

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