[VIDEO] Toni Braxton Explains Why She Charges Her Children Rent
How do you teach your children financial responsibility?
Toni Braxton has a unique approach that she feels prepares her two sons (Denim and Diezel) for the real world. This week, the 46-year-old singer/reality star shared with Queen Latifah that she charges her children rent AND utilities. She shares:
I do…They pay rent. They get $10 and $12 a week and they pay me–one pays me $1 and the other pays me $2. They have to pay 75 cents for gas and electric, 50 cents for cable and things like that.
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There are 4 comments for this article
I love it! Thats a great thing to teach children. It teaches them how to manage their money.
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