According to the world's most perfect child, ALL other children have a weekly allowance. Although we want him to have a good financial mind, we also want him to be a child for as long as possible.
He has been forced to save money for a long time but being responsible for his own pleasures such as sweets, snacks, cinema visits etc. is something I want to spare him from for a while. We have now compromised, he will receive $5 a week into his endowment insurance which he himself must place and follow up.
He is a winner again.
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