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	<title>Z94 - The Rock Station &#187; allowance</title>
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		<title>Giving Kids an Allowance May Do More Harm Than Good — Dollars and Sense</title>
		<link>http://z94.com/kids-allowance-dollars-and-sense/</link>
		<comments>http://z94.com/kids-allowance-dollars-and-sense/#comments</comments>
		<pubDate>Wed, 15 Feb 2012 19:59:19 +0000</pubDate>
		<dc:creator>Shauna Wright</dc:creator>
				<category><![CDATA[Family]]></category>
		<category><![CDATA[Kids]]></category>
		<category><![CDATA[allowance]]></category>
		<category><![CDATA[money]]></category>

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		<description><![CDATA[For years, the prevailing wisdom behind doling out allowances to kids has been that the practice helps children learn about budgets, which, in turn, leads to better spending habits when they grow up &#8212; assumptions that may not be true. Lewis Mandell, professor emeritus of finance and managerial economics at SUNY Buffalo and a pioneer [...]]]></description>
			<content:encoded><![CDATA[<p>For years, the prevailing wisdom behind doling out allowances to kids has been that the practice helps children learn about budgets, which, in turn, leads to better spending habits when they grow up &#8212; assumptions that <a href="http://moneyland.time.com/2012/02/15/why-giving-your-kids-an-allowance-might-not-be-teaching-them-anything/" >may not be true</a>.</p>
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