Parents: Here's Why You Shouldn't Give Your Kids Money for Chores

Many times in parenting, we are given a single piece of advice, though it may be phrased in a variety of ways: "Go with your instinct." "Trust your gut." "You'll know in your heart what to do." The problem, sadly, is that quite a few of those instincts are way off base when it comes to matters of money.

What we really need is to know when we should stoptrusting our intuition.