Should Kids Pay Rent? Georgia Mom Essence Evans Say Yes.
A recent Facebook post by a Mom in Georgia has gone viral. In the post, Essence Evans shared that she makes her five year old pay rent for things like food, water and electricity.
“I MAKE MY 5 YEAR OLD PAY RENT. 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 other $2 she gets to save or do what she wants with.”
Evans went on to explain what we believe to be the true brilliance in her tactic.
“Now, what she doesn’t know is the $5 is actually going away in her savings account which I will give back to her when she turns 18. So if she decides to move out on her own she will have $3,380 to start off.”
Many shocked followers and forwarders still replied with criticism. Some even accused Evans of being cruel and teaching unnecessary lessons to her young daughter. Others, however, praised the Mom’s creative life lesson.
One follower commented: “I think this is absolutely amazing! It is a great way to teach her how the real world works and to get her a little savings account of her own so she has a good start when she moves out or goes to college or whatever she chooses to do.”
What do you think? Smart idea? Or, too much too soon?