Essence Evans Collects Rent Money From Young Daughter

What This Young Mother Does To Teach Her 5-Year-Old Daughter About Spending Wisely Is Interesting


Essence Evans Collects Rent Money From Young Daughter

Essence Evans, a black mother has shared on her Facebook page how she gives her daughter an allowance every week, but then she expects her to pay rent.

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Although that sounds like a harsh life lesson to learn when you’re five, it sure is better than learning it when you’re an adult, with little money, and wondering how you’re going to pay your.

The mother explained that her daughter gets a weekly allowance of $7 dollars but she makes her give her money for rent, electricity,water and food. She said that she did this after explaining to her daughter that most people spent most of their money on bills.

She also is of the belief that more mothers should embrace this act as it would encourage good spending ad saving habits in children.

Here is what she said: “


I MAKE MY 5 YEAR OLD PAY RENT. Every week she gets $7 dollars in allowance. But I explained to her that in the real world most people spend most of their paycheck on bills with little to spend on themselves. So I make her give me $5 dollars back. $1 for rent $1 for water $1 for electricity $1 for cable and $1 for food. The other $2 she gets to save or do what she wants with.

Now, what she doesn’t know is the $5 is actually going away in her savings account which I will give back to her when she turns 18. So if she decides to move out on her own she will have $3,380 to start off. This strategy not only prepares your child for the real world. But when they see how much real bills are they will appreciate you for giving them a huge discount 

SHARE THIS ON YOUR TIMELINE FOR ANOTHER MOTHER TO SEE”

And just in case you think the mom is being wicked, you should know she’s putting away all those weekly $5 payments into a savings account for her daughter.

We have her Facebook post below





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