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What should kids pay for expenses?
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<blockquote data-quote="Beefy" data-source="post: 589608" data-attributes="member: 57"><p>i think you should pay their expenses for now. i think the 3 year old is a little young to be doing the math, but when they get old enough to multiply and divide and stuff you should show them how to keep up with records and finances and encourage them to do so. in the meantime jsut do it (take care of the cattle expenses) for them and if you must take out of their profit (if any is realized-are these going to be sold or kept for cows or what?) to cover expenses then do so. you can always reward them monetarily for labor or "extra help" to make it all seem worthwhile if they arent making enough profit from sales to amount to enough savings as you'd like to see.</p></blockquote><p></p>
[QUOTE="Beefy, post: 589608, member: 57"] i think you should pay their expenses for now. i think the 3 year old is a little young to be doing the math, but when they get old enough to multiply and divide and stuff you should show them how to keep up with records and finances and encourage them to do so. in the meantime jsut do it (take care of the cattle expenses) for them and if you must take out of their profit (if any is realized-are these going to be sold or kept for cows or what?) to cover expenses then do so. you can always reward them monetarily for labor or "extra help" to make it all seem worthwhile if they arent making enough profit from sales to amount to enough savings as you'd like to see. [/QUOTE]
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What should kids pay for expenses?
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