Teaching Mandy to Deal: A Tale of Discipline

5 hours ago

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My 14/F daughter has been a spoiled little brat, and she gets her attitude adjusted. My wife Ashley passed away when Mandy was 5 years old. With Ashley's life insurance, and our investments, we were very well off, part of the settlement of Ashley's death was my daughter gets $250 a week until she's 25, so this is $13k a year, I had the money deposited and invested, I told Mandy when she was 8, that I would get a bank account with her, and transfer the money every week, she could buy whatever she wanted, but she would only have $250/week. She got the newest iPhone, iPad, she went and got new clothes, she went a little crazy at first, but realized that I was serious about not overspending.

 

 

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