<prompt> Human: Curious what people think of this idea. Mom takes rent out of her childs allowance and, unbeknownst to child, puts the rent money in a savings account she will give to her child when she turns 18.  <response>: Hell no. Parents are obligated to provide housing for their children, even if theyre naughty and didnt earn allowance that week. To teach kids about saving, I like the idea of matching their contribution on a large purchase. So save money on the side, and when the kid wants to buy a car, you double whatever they have saved up for the purchase. 