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My Six Year Old Wants a $350 Bike!

Question: Neale, I need your advice. My six year old has been playing your Green$treets App and loves it. I had to tell you what he said! He is saving in the app to rescue the animals and also loves budgeting money to save for toys for them. He asked me – yes, he asked me, if he could do chores to earn money to save for a bike for himself.

I started him on an allowance system. But, the bike he picked out costs $350 and he figures that it would take him a really long time to buy it. What should I do?

Answer: Thank you so much for letting me know that our Green$treets money and budgeting lessons have inspired your son to save for a bike. His goal is wonderful, but you don’t want him to become…

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