61 minutes | May 8, 2020

AOA 034: Is there a case for tying chores to allowance? —With Guest Cameron Huddleston

Is there a case for tying chores to allowance? If so, then Cameron Huddleston will make it. Cameron is an award-winning journalist with more than 18 years of experience writing about personal finance. Her work has appeared in and on Kiplinger’s Personal Finance, Business Insider, Chicago Tribune, Forbes, MSN, Yahoo and many more print and online publications. She also is a mom of three and is married to an economist.   During this episode, Cameron and I address not only the great allowance and chore debate but also the taboo nature of financial conversations and how to help parents feel comfortable talking with their children about money. We also discuss how "adult kids" can open up a dialogue with their parents about finances and possessions, the subject of Cameron's new book, Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances. Cameron's case for linking chores and allowance underscores the varying viewpoints I like to feature on this podcast and highlights the need for parents to craft their own Art of Allowance based on multiple perspectives and their family's values.
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