Tag: commission method’

Switching from Allowance to Commission Method

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After a couple of weeks of watching the videos of Dave Ramsey’s Financial Peace University (FPU), this homeschooling family is stoked on applying the principles. We are still on its baby stage, with 4 credit cards terminated and cut in tiny little pieces, we are already learning a handful lot!

Shortly after the “credit card cut into pieces rite” (haha!), we switched our homeschooler from Allowance to Commission Method. I forgot how exactly Dave Ramsey worded it, but it sounded like, “What allowance? Allowance is for the lazy!” At least that was how it sounded to me. I admit to being taken a back by the strong words, at first. But the reason behind it as he taught on the principle behind it made a whole lot of sense.

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