There's a mom who posted on Facebook that she charges her 5-year-old daughter rent.
She wrote,"Every week she gets $7 dollars in allowance. But I explained to her that in the real world most people spend most of their paycheck on bills with little to spend on themselves. So I make her give me $5 dollars back: $1 for rent, $1 for water, $1 for electricity, $1 for cable, and $1 for food."
The little girl gets to keep the extra $2 for whatever she wants and here's the catch...the collected $5 is going into a savings account for her to have when she's 18.
How do you feel about this?
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