14 min listen
J. Michael Collins on whether allowances help to develop financial capability
J. Michael Collins on whether allowances help to develop financial capability
ratings:
Length:
21 minutes
Released:
Sep 13, 2021
Format:
Podcast episode
Description
In this episode, we hear from IRP Affiliate J. Michael Collins, Professor of Public Affairs and Consumer Science at UW-Madison and the director of the Center for Financial Security. He talks about whether parents from different racial and ethnic groups and with varying income levels are more or less likely to give their children an allowance. He also explains what parents might be hoping to achieve by giving their child money that they manage themselves, and whether that translates into more financial capability as a young adult.
Released:
Sep 13, 2021
Format:
Podcast episode
Titles in the series (100)
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