What could possibly be wrong with making a 7 year old pay rent and utilities?
I don't think teaching financial responsibility is a bad idea, but this just seems like an especially psychotic way to do it. Would be fine if it was just the dollar per chore alongside to use for whatever toys/games/stuff the child wanted with the understanding that their parents wouldn't be doing it for them if they went "broke".
Of course they won't get evicted, which makes the whole idea of paying "rent" useless if you're trying show them that financial responsibility is important and consequential. Again, I see no reason to do this when you could just have them pay for their own toys if you really want to instill that. Even the ipad and wifi access is fine, I guess, given that's like a legit privilege for a 7yo. But imposing a landlord/tenant dynamic over the parent/child one at such a developmental stage, even as superficial as it is in this example, is bound to cause some issues in the relationship later on.
What could possibly be wrong with making a 7 year old pay rent and utilities?
I don't think teaching financial responsibility is a bad idea, but this just seems like an especially psychotic way to do it. Would be fine if it was just the dollar per chore alongside to use for whatever toys/games/stuff the child wanted with the understanding that their parents wouldn't be doing it for them if they went "broke".
Do you think the kid is going to get evicted if she can't pay?
The money is just going into a savings account for the kid, it's not like the mom is exploiting her surplus value.
Of course they won't get evicted, which makes the whole idea of paying "rent" useless if you're trying show them that financial responsibility is important and consequential. Again, I see no reason to do this when you could just have them pay for their own toys if you really want to instill that. Even the ipad and wifi access is fine, I guess, given that's like a legit privilege for a 7yo. But imposing a landlord/tenant dynamic over the parent/child one at such a developmental stage, even as superficial as it is in this example, is bound to cause some issues in the relationship later on.
What issues do you think that's going to cause? Seriously curious.