Paying an allowance promotes money management for children and better financial independence. Positive self-esteem enables your teen to value their uniqueness. This is especially important in helping to mitigate peer pressure. Managing peer pressure typically requires compromise. To know more visit here https://inflationeducation.net/

1. Self-Esteem For Teens
Avoiding Comparisons to Others
Discovering Areas of Competency
Developing Independence and Freedom
Recognizing That Self-Value Extends Beyond Looks
Learning to Care About Themselves as Well as Others
Paying an allowance promotes
and better financial independence. Everyone has a talent and needs to
feel they do something well.
A teenager with healthy self-esteem is open to new opportunities and
demonstrates resilience in handling criticism or disappointment.
Here are the things your parenting decisions, including those related
to financial parenting, can have a considerable impact on your teen’s
self-esteem:-
money management for children