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Essence Evans reveals she costs her five-year-old lease

19 January 2018

How does it sound when you hear that a five-year-old baby who should, ordinarily, spend her allowances on ice cream, candies, etc., is made to use her money to rather pay rent?

After making a major parenting decision, which may or may not help her daughter in the long run, Essence Evans went on to explain her theory of charging her daughter for rent and utilities.

"I had to pay rent when I was 13".

Evans says she gives her child $7 (£5) of allowance each week.

The remaining two dollars are her daughter's to spend as she wants.

She explains to her daughter how people in the real world have to spend most of the money from their income on bills.

Essence Evans, who describes herself a singer and yogi on her Facebook page, has garnered strong reactions from those who think she's got the right idea and others who think her daughter won't be pleased when she works it out.

But before anyone jumps into conclusion that she is being unnecessary hard on her beloved daughter, Essence says, "What she doesn't know is that the $5 is actually going away in her savings account, which I will give back to her when she turns 18".

"This strategy not only prepares your child for the real world", Evans claimed, "b$3 ut when they see how much real bills are they will appreciate you for giving them a huge discount".

The Facebook post has been shared more than 313,000 times, and thousands of people have praised her for teaching her daughter such an important money lesson at an early age. Not only that, it is also a way to teach her the value of money.

Maria Gahan-Broman added: "I did a similar version of this when my boys were little, they have turned out to be wonderful men and fathers, great with money, taking care of their children, owning their home, paying mortgages down, staying out of debt".

And while many appreciated Essence's strategy, some others anxious it was putting unnecessary stress on her daughter.

Some believed that more parents should start doing the same to teach their kids about the real world, one of them wrote: "I applaud what you're doing".

Essence Evans reveals she costs her five-year-old lease