At what age should a young adult do the following?

[mommy_k]

I have yet to meet a parent that has done parenting perfectly, and I don’t see why parents would need to apologize for these things the OP mentioned (nor do parents need to keep tabs on all things they could have done better and apologize for not having learned or thought of them sooner). It’s ok to make adjustments in your parenting when you see fit, and explain why you are doing the changes, but you don’t need to apologize. There may be some situations in which parents may need to apologize to their kids, but this does not seem like one to me. As far as I can see, the OP wasn’t purposefully avoiding any type of fiscal responsibility lessons in order to purposefully leave her kids ignorant in this area. Even kids who do receive these lessons can squander their money. There are different ways to teach people about financial responsibility, and we do not know if the OP has handled other things in ways that foster this. It seems like at least the OP requires the child to pay for the “fun” things he/she does.

Tha,k you for the nice post

I don’t think we neglected to teach fiscal responsibility, but was unsure at what age a young person should start paying for things.

It seems that his friends parents all have different approaches. Some pay for everything, some pay for nothing.

Our child purchased a new car with his own money and pays for this monthly so he is on track in other areas, but not impulse spending.

My husband is in the investment management field, so we are well versed in financial matters too. The money market account I suggest is a bank money market, not a money market fund. This is a savings accout with limited access for the term. I don’t think this is out of reach for a young person, as it but it the brakes on impulse spending as the cash is tied up for 6 moths, a year or five years.

As far as the church donations, I would think to cover church donations in a family envelope is not showing the church that a young catholic is as committed as being treated as an adult.
When it comes time to get married, I believe a young person should have their own record of committment to the church. Even though our son attends mass weekly, what if another didn’t, but the family was in good standing because they attend. It’s not a good representation of the individual.