TO LISTEN OR PROVIDE PUBLIC COMMENTS BY TELEPHONE: IMPORTANT: All public comment(s) must be received by 12:00 pm the day of the meeting in order for them to be addressed during the meeting. Members of the public can use the Zoom information below to logon to provide public comments. You may also submit public comments by email to our Board Relations Manager, Linda Vo: or īy calling Linda Vo 21. Prior to the closed session, public members have an opportunity to provide public comment for items on this agenda.
The Commission will allow the public an opportunity for Public Comments per the Brown Act. An allowance should be used to teach kids positive money habits and lessons.īOARD OF COMMISSIONERS MEETING (Closed Session)Īccess Board agenda here (available no later than 24 hours before the Board meeting date per Brown Act requirements for a Special meeting) Whatever parents decide, what's most important is giving children the opportunity to learn how to manage money through their own successes and failures and the input of their families. Some parents choose to keep chores and allowance separate. Expecting that a child sets the table or cleans his or her room in exchange for an allowance is a debated practice among parents, child development experts and others. However, parents should decide what is expected for children to receive their allowance – like if the payment is tied to chores. They need to be able to make mistakes when the cost is minimal.Īs for the amount, many experts agree that $1 per year of age, per week, is appropriate.Children have more appreciation for the things they buy when they use their own money.Knowing the limit of available funds forces kids to think about how much things cost, and then make spending choices.By learning good financial habits early, they avoid problems later in life. Having a regular amount of their own income is the only way kids can learn to manage money.Young children can be taught how to count and the concept of tolls, taxes and tipping. Here are a few reasons why parents should start giving preschoolers an allowance, according to money experts: “Children as young as age 4 can learn coin recognition and basic financial principles such as the exchange of goods and services for money,” Aletha Solter, a developmental psychologist and founder of the Aware Parenting Institute in Goleta, Calif., said in an article on ms n.com. Many financial experts believe that, as soon as a child begins to say: “I want that!” and express interest in material desires, it's time for an allowance – generally around ages 3 to 5. They're barely out of diapers, but are they ready for lessons in money matters? Yes, according to financial experts who say it's never too early to start giving an allowance to young children to teach them fiscal-management skills. Child Development 101: First Potty Training, Then Money-Management Skills