My firstborn is already on an internship and earning an allowance. My second son is already capable to doing projects with his painting to earn a keep. These are lessons I have learnt the hard way through life, and I wish there was someone who taught me similar, when I made my first income.
10% – a tithe to the Lord (Malachi 3:10-12).
10% – an honour to the parents (Exodus 20:12)
10% to 20% – investment: either in education, or else in business or other forms of money growth
10% – savings for an emergency
50% to 60% – what you shall live on.
My sons, my guidelines here come from lessons in my life, and comes from an Asian Christian context. Follow these guidelines and prosper.by