ilmscore | Prediction Details
"give them a commission for work they're doing what do you mean by that well you know Dave and Rachel write about this in their book smart money smart kids but Dave learned early on that when you give kids allowance it creates the sense of entitlement of because I exist money shows up ah so allowance is like every week you get a bucks or something ex but commission is when I do XYZ I will get paid this much"
By Minority Mindset | March 13, 2024 | Pending
From video
How I Went From Broke To Millionaire In 3 Steps | George Kamel x Jaspreet Singh 00:49:08 - 00:49:30
Interpreted Prediction
Instead of providing an allowance, parents should offer commissions for work completed by children, teaching them the direct correlation between effort and reward, thereby avoiding entitlement.

Prediction Details

Topic
Teaching Financial Literacy to Children

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