When it comes to teaching kids about money, one of the biggest questions parents face is: Should we give them an allowance or make them earn wages? In this episode of The Catholic Money Show, The Teixeiras tackle this hot topic from a Catholic perspective, blending financial wisdom with virtue-based parenting.
You’ll hear why some parents advocate for allowances, while others swear by paying for chores—and how Jonathan and Amanda have thoughtfully chosen a both-and approach. Learn how to balance gifting money as a teaching tool with paying for work to instill a strong work ethic.
If your goal is to raise money-smart kids and virtuous stewards, this episode will equip you with practical strategies and real-life examples from the Teixeira household. Plus, hear why the concept of work itself has inherent dignity and how to cultivate that mindset in your kids.
Resources Mentioned:
Wallet Win Kids: Financial literacy program for gradeschool, middle school, and high school—now 20% off through April 4th at walletwin.com/kids
Budgeting Basics: Learn to build a family budget at CatholicBudgetGuide.com
Follow Wallet Win:
- Instagram → @walletwin
- YouTube → Wallet Win Channel
Music in this episode is by Dylan Gardner – check out his album Almost Real on iTunes, Spotify, or wherever you listen to great music.
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