Christmas Spirit & Allowance

Do you have Christmas spirit yet? Dangerous Dave talks about an article from the Guardian on how to jumpstart your holiday. Plus, what kids are getting for allowance these days.

Episode Transcript

Speaker 1 (00:00):
This is deeper in the din with Dangerous Day. Well
if you found a Christmas spirit yet, because you know
we're only a few weeks out of the holidays here.
British paper The Guardian asked its staff to make their
Christmas spirit come out. How to trick yourself into feeling
festive more or less? Some highlights, according to the people
who work at The Guardian, usual suspects pick up a tree,

(00:22):
toss some lights on your house, Listen to some Christmas music.
Probably the top three things that people do to get
themselves in the holiday spirit. Wrap a few gifts. You
don't have to wait until you're done shopping, just wrap
the ones you've bought so far. Eat or drink something festive.
I like this one. One rider says that her family
always made fish pie around the holidays ew and so

(00:43):
she'll bring it back yum. Or better, just buy some
agnog That's what I'm thinking. Anyway. Go ice skating, something
most of us only do around the holidays. It might
kick start some nostalgia. And watch your favorite Christmas movie.
It doesn't have to be a traditional Christmas movie, just
anything you associate with this time year. So there you go.
Some ways to get yourself in the holiday spirit, or all,

(01:04):
just stop by the store and pick up some holiday spirits.
Deeper in the you know, the latest group of people
to get a cost of living bump and pay pre
teens who diligently finish their chores. According to a new report,
the average child allowance fifty two dollars a month, or
roughly thirteen dollars a week. It's about what I make
here at work. Of course, that could vary a lot

(01:27):
based on how old the child is, how much work
they're putting in, how tight money is in the house,
and okay, grandpa, before you get your panties in a bunch,
about the number, you have to consider inflation over time.
Imagine paying a twelve year old thirteen dollars a week.
For parents in their forties, that's equivalent to about twenty
two dollars a month in nineteen ninety two, or five
point fifty a week, Or for grandparents in their seventies

(01:49):
that would be by five dollars a month in nineteen
sixty two, or one twenty five per week, which is
much more than I ever got decade or so after
that if you make a lot less and that yes,
you can grumble about how teenagers are overpaid, and one
place older folks do, evergripe chances are children in previous
generations tasked with doing a lot more for their allowance

(02:10):
than kids today getting buy with just cleaning the room
or doing the dishes. Anyway, allowance is good for him
because it's educational. Seventy eight percent of parents say their
kids can handle money responsibly, and sixty one percent admit
their kids are more financially responsible than they were at
the same age. Fifty six percent of parents still hand
over cash, but nearly a third have embraced alternatives. Seventeen

(02:33):
percent pay kids through digital payment apps like Venmo, and
fourteen percent of parents use pre loaded debit cards designed
for kids. Others have abandoned currency entirely, compensating their kids
in experiences six percent on screen time or six percent
on experiences as well, which is kind of smart, especially

(02:57):
for younger kids. But it's important teach your kids the
responsibility of money. I remember getting a an allowance for
a short while as a young kid in elementary school.
I was getting a dollar a week. My first dollar
I ever got I gave to a cute girl in
my class. She turned around and told my parents. They
got it back from her and they kept the dollar

(03:18):
and I didn't get an allowance for quite some time
after that. I hope she's listening to the show this morning.
I believe she knows who she is. So there you go.
Allowance good to pay your kids because they learn the
responsibility of money and donating it to their favorite DJ.
To me again for another episode of Deeper in the
Den with Dangerous Davey Year