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Spending and Saving
My little girl has a weekly allowance of fifty cents. She likes to buy a lot of five-and-ten-cent-store “trash,” which is usually broken and discarded in a few days. Should I persuade her to save a part of her allowance until she can buy something worth while, or tdlow her to spend it all as she wishes, since it is her own money?
You are correct in assuming that your daughter's allowance is hers to spend as she will. This does not mean, however, that you should not use your persuasive powers in an effort to get her to spend at least a part of it wisely or to save some of it for future purchases.
Many parents have found that the tencent store affords an excellent opportunity for teaching children these values. The first time the child goes to the ten-cent store, he is likely to buy the first thing he sees that he wants. Wise parents will then take him to other counters where there are more desirable toys. The child wants them, too, but he can’t get them because he has spent' his allowance.
The next trip to the store, he is likely to buy a bit less hastily. He begins to buy with some discrimination.
But again, if children have too much allowance, they do not see the need foi this careful buying. It may be that your daughter’s allowance of fifty cents is more than die should have.
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