Facebook

Dave Ramsey: Should she have skin in the game?

By Dave Ramsey, Syndicated Writer
Published on Wednesday, April 24, 2013

Dear Dave,

My daughter has the opportunity to take a trip with her eighth-grade class. The cost is $650. Do you think she should have to contribute to the cost of the trip, or should I cover it all?

Colleen

Dear Colleen,

This is a really good question. When it came to making these kinds of decisions at our house, we’d take a look at whether the kid was behaving, getting good grades and stuff like that.

It can be a challenge at that age, I know. But if they were living like responsible young people, we would pay for this sort of thing as a reward.

Still, at that age a kid should definitely have some skin in game. If you can pay for this without breaking the bank, and she’s fulfilling her responsibilities as a good kid, it would be a good idea to make her come up with her own spending money for the trip.

You don’t want her to grow a sense of entitlement, and doing this would force her to work and save a little bit to make this thing happen!

— Dave

Follow Dave Ramsey here.

Share



Related Photo Galleries


Leave a Comment



Most Popular Stories

Trending: Greenville-Spartanburg International Airport, Obituaries, Chon Restaurant, Allen Bennett Hospital

GREER CALENDAR

View All Events