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By Dana Anspach, About.com Guide to Money Over 55

A Weekly Allowance - Not Just For Kids

Wednesday July 1, 2009

I was having a conversation with a colleague of mine yesterday when she casually mentioned something about putting herself on a weekly allowance. The idea intrigued me, so I asked her more.

As she shared her thoughts I wondered how it is that as adults we can so easily disregard some of those valuable lessons we were supposed to have learned as children. Think of where you would be if you had always used the idea of a weekly allowance, and saved the rest. I know I'd be sitting on a nice pile of cash right now!

Well, it’s not too late. Read more about my colleague’s thoughts in The Weekly Budget Allowance For Adults. It’s an old idea worth exploring anew.

Comments

July 27, 2009 at 12:57 am
(1) Richard says:

weekly allowance is really great . I do practice this . have recently change the formula . because in certain months have 5 weeks to manage . 1st to 7th , 8th to 15th , 16th to 22nd , and 23 to end of each month .

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