Kids Want An Allowance Raise Due To Inflation - 12.04.25

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Episode Transcript

Speaker 1 (00:00):
All right, guys, so let's talk about parenting in today's

(00:03):
you know, let's have a discussion about this. Inflation is
making everything harder to afford these days. We know that,
and even young kids. Our young kids have noticed, which
is why they're asking for a raise. Have you noticed
that kids are asking for raises in their allowance now?
Kids say rising costs of sneakers, clothes, video games, fast food, coffee, drinks,

(00:25):
snacks at school events are all on the rise. So
a new poll by Talker Research finds at three out
of four parents give their kids an allowance, usually starting
at around the age of ten. Mostly give cash, but
some parents use apps or pre pay debit cards. Two
thirds of parents say they give an allowance to teach

(00:45):
kids about money and financial responsibility.

Speaker 2 (00:48):
Others say it's.

Speaker 1 (00:49):
A reward for things like doing chores or getting good grades. Great,
So here's a question. Did you get an allowance when
you were a kid? First of all, did you, guys
get an allowance?

Speaker 2 (01:00):
How good? Didn't you didn't get an allowance?

Speaker 1 (01:03):
Steve?

Speaker 2 (01:04):
No? Okay, Well do you they.

Speaker 3 (01:08):
Taught me about money from the get go? Unless it
was we ain't got none, and.

Speaker 1 (01:14):
Neither be you.

Speaker 2 (01:17):
Are we clip.

Speaker 3 (01:19):
But now are we everybody clear?

Speaker 2 (01:26):
We ain't got none and neither to you.

Speaker 3 (01:29):
Now going out there, get yourself a paper out, find
yourself some work, and get yourself some money.

Speaker 1 (01:36):
Well yeah, So do you give your kids allowances? Do
you do your kids have allowance?

Speaker 2 (01:44):
My kids do, and your grandkids and it be on
Apple pay. From what I understand this, this is market.
My wife does this. I don't.

Speaker 1 (01:53):
Yeah, yeah, but I think my philosophy is, you know,
I don't think you should pay kids.

Speaker 2 (01:59):
For good great, I don't know. I think that's your job.
As a student. I never got no money in good grades.

Speaker 1 (02:09):
I give my grandkids. I do give them because they're Yeah,
when they get on a rolling straight a's I do.
I treat them so.

Speaker 2 (02:16):
You reward that. I'll tell you what happened. That's your job.
But I tell them that, I'll tell you what happened
to me.

Speaker 3 (02:24):
My grades were so bad.

Speaker 2 (02:29):
One year I got a C. I got my report car.
My daddy bought me a.

Speaker 1 (02:35):
Bike that's good, seams average, Yeah, that's good.

Speaker 2 (02:45):
But he rewarded him on the best. That was the
best he could at his boy right here, Oh God,
just keep grinding.

Speaker 1 (02:57):
Steve you're gonna make it one day.

Speaker 2 (02:59):
Just keep running.

Speaker 3 (03:04):
My kids adults and the allowances, they have jobs, three
of them, one.

Speaker 2 (03:11):
Two, two of them work for me.

Speaker 1 (03:15):
Okay, yeah yeah, But when they were younger, When they
were younger, did.

Speaker 2 (03:20):
You get they got allowances? They did? Okay, but what
they get for nothing, just for being because your daddy
done made it. That's why the reason right there?

Speaker 1 (03:35):
Yourself an allowance, Steve, don't you give yourself an allowance?

Speaker 2 (03:39):
Yeah? I get paid, I give I get paid once
a month. You pay yourself for yourself.

Speaker 3 (03:45):
Yeah, and marginal margin gets paid once a month.

Speaker 1 (03:50):
Okay, yeah, that's what they're saying.

Speaker 2 (03:57):
Welcome to the party.

Speaker 3 (03:58):
I know.

Speaker 1 (03:59):
I ain't.

Speaker 2 (04:01):
You have to. You have to have a business. You
have to pay yourself.

Speaker 3 (04:04):
Okay, Okay, Margie don't ever stay at her check.

Speaker 1 (04:11):
Oh she goes out a bunchet.

Speaker 2 (04:14):
Em Steve, Well, do you have any money left for yours? Yeah?

Speaker 3 (04:22):
I have money from my paycheck. I'm never out of money. Ever,
I don't care because I was so poor. I know,
once I get to another level, when I get to
a certain level, leave that money in account.

Speaker 2 (04:37):
I don't.

Speaker 3 (04:37):
Ever, it ain't ever in the negative. I had a
whole life. You don't be doing that.

Speaker 2 (04:44):
Yeah, you know, I always have some money.

Speaker 3 (04:46):
I'm not saying you know how much you knowning like that,
but I'm never just broke.

Speaker 1 (04:52):
You're listening to The Steve Harvey Morning Show.