Allowance

Are you considering paying your child an allowance? Is your child expecting an allowance? This e-greement is for both of you and it works on many levels. First, it memorializes the details of your e-greement to pay your child an allowance including the all-important conditions you may have regarding how it is earned and how it is spent. And in negotiating, drafting and formalizing this e-greement, your child will learn fundamental and valuable lessons in money management, contract law, and the importance of fulfilling obligations.