A mother recently posted to TikTok a finance hack for her 7-year-old daughter and many are split if the hack is a good idea or just plain selfish.
Mom a.k.a. user feliciaraefarley revealed how her daughter gets paid to do chores but at the end of the week, is charged a dollar for “bills.”
“Every week my daughter has a list of chores,” she said in the video from February 6. “If those chores were completed daily she will get $7 at the end of the week.”
“She is then required to pay her bills for living in the house,” Farley continued.
Her bills are a dollar each for food, water, electricity, internet, and rent — and wowza what a steal!
“So in total, she pays $5 for bills,” she added.
“She has $2 left over, which she can keep and save or spend,” Farley said. “I then take that $5 and put it into a savings for her, so that when she turns 18 she can learn that she made all that money on her own and know the value of money.”
Over six million people have watched Farey’s clip and their opinions were L-O-U-D.
One user said: “Kids should be enjoy being kids not worrying about paying bills.”
While another said: “It’s about life for the future.”
What do YOU think? Be sure to comment below!
With a background in the creative and educational fields, Amelia Finefrock is freelance writer, singer-songwriter and nanny based in Chicago.
Mamas Uncut is the place for moms online. We cover the latest news around motherhood and parenting, plus entertainment news as well – all with a mom-focused twist. Looking for parenting advice? We have plenty of it, all for moms, from moms. Our mission is focused solely on empowering moms and moms-to-be with the knowledge and answers they’re looking for. We don’t stop there though, we have expert advice on a range of topics, and all of our categories get updated multiple times a day, so if there’s one website for moms you need to bookmark, it’s Mamas Uncut. We cover it all, from the latest and trendiest baby names, in the US and all over the world, to advice for moms in the workplace, or mom to mom advice on balancing it all. Looking for an answer to a specific question you’ve have? Head over to our new answers section, where you can ask questions on a nearly endless amount of topics, and you’ll get answers fast – really fast. Mamas Uncut is more than just the place for moms, it’s the community of moms – all here to help, make friends, and more. Not sure where to start? Take a look at one of our key topic areas like Pregnancy or Relationships – if you’re looking for advice on a specific topic, there’s a pretty good chance that we’ve already written on it (a few times), or that it’s within our answers section. If you don’t have time to read the site every day, we also have a newsletter that you can control how often you want to receive – that way we send all of the must-see content for moms directly to your inbox – it’s that easy. So go ahead and take a look around, ask a question, or just keep reading, we’re glad you’re here.