A Georgia mother’s Facebook post about making her 5-year-old pay rent has some parents on the internet singing her praises and others not so much.
Last week, Essence Evans shared the innovative method she uses to teach her child financial literacy and, ultimately, give her a financial cushion when she becomes an adult.
“Every week she gets $7 dollars in allowance,” Evans wrote in the Facebook post. “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.”
Who you tellin’, sis?
She then broke down the mathematics behind it all:
“So I make her give me $5 dollars back,” the financially savvy mother continued. “$1 for rent, $1 for water, $1 for food. The other $2 she gets to save or do what she wants with.”
That all sounds rather painfully relative to the real world.
Then came the doubly genius concept behind it all.
“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,” she wrote. “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.”
Evans’ post, which has either since been deleted or reverted to private, went viral. Many social media users are praising the mother’s unique parenting method and announcing plans to adopt the methodology for their own kids. Others say the mom is putting far too much pressure on her child given her age.
Yall out here tryna deny kids a childhood cuz yall want them at 5 year old to learn to pay rent and be adults? Yeaaaaa ok.
— the s in Pages aint silent (@pagesofle) January 15, 2018
When that 5 year old is 18 she'll be paying for rent in blood sweat & tears, $3,000+ ain't shit.See Also
— mye. (@PlAClD_) January 15, 2018
Others just can’t be serious for two secs:
Me spending the money I’m charging my 5 year old for rent pic.twitter.com/7kLl9aR6sL
— Dussè B (@BrandonsNotShit) January 16, 2018
What do you think? The earlier, the better? Or is Evans pushing real world burdens on her little one too soon?