Mum makes seven-year-old daughter pay bills to teach value of money

A mum’s hack for teaching her children the value of saving has come under fire, with others slamming her parenting methods online.

A mum has revealed she forces her seven-year-old daughter to pay bills and rent to teach her the value of money – and it has sparked a fierce debate.

The mum, who goes by the name of Felicia, said the little girl did chores each week to earn money.

In a parenting hack video which has been viewed more than 6.6 million times on TikTok, the woman said: “Every week my daughter has a list of chores.

“If those chores were completed daily she will get $9.07 at the end of the week.”

A mum has done a TikTok video explaining how she charges her seven-year-old daughter rent and bills. Picture: TikTok/@feliciaraefarley

The mum added that the girl was then required to pay bills for living in the family home.

She explained: “$1.29 for food, water, electricity, internet and rent – so in total, she pays $6.46 for bills.

“She has $2.58 leftover which she can keep and save or spend.”

Felicia takes the $6.46 for bills and puts it in a savings account for her daughter that she can access when she turns 18.

The mum hopes that her child will know understand the value of money, given that she’s earned it all herself.

She adds that she only makes her child do “age-appropriate chores” that she has found on Pinterest.

These jobs include vacuuming, cleaning toilets, taking out the bins, meal prepping, making her bed every day and picking up after herself.

The mum switches up the chores each week and often turns them into a game to make them more fun for the girl.

The mum's parenting hack video has been viewed more than 6.6 million times on TikTok. Picture: TikTok/@feliciaraefarley

The video left people split over whether the method was a good idea.

One person said the little girl was “too young to be paying for a life she didn’t ask for”, and another agreed saying:

“That’s cute and all, but your kids are way too young to be paying for a life that they didn’t ask for. You’re supposed to provide for your children.”

However, another added: “This is actually genius … I turn 18 March 1 and still know nothing about proper finances and have had to learn from minor mistakes.”

A third said: “We do this with my four-year-old and she bought her own pets. She has two mice and a bird that she cares for on her own.”

One person wrote: “Okay but that’s only $2,025 in 11 years IF she does her chores every day for 573 weeks straight. So in reality she is only gonna make less than 2K.”

Felicia then replied, saying: “I’m sorry ‘ONLY’ … I got nothing and never got taught about any of this. Glad I’m also raising GRATEFUL children.”

This article originally appeared on The Sun and was reproduced here with permission