The long and hard lesson of allowance management

After almost a year of having fun with their own money, the two girls seemed to be getting the hang of it. This has been a long (and hard at times) lessons for everyone. But looking back we are really happy about putting in the effort to help them learn one of the most important things in life. I think that in a way Ann and I are both re-learning the lessons ourselves. Watching the girls to go from having no clue about what was going on, discovering the power of money, having to deal with the anxiety of spending (or not spending), to finally sort of be being able to enjoy managing money with some planning is indeed quite inspiring.