Obama, who has the headache of stewarding the slowly mending US economy, said in a television interview that he was also teaching his daughters Malia, 12, and Sasha, nine, about
savings, interest and money management.
"What I'm doing now with Malia and Sasha is they're getting an allowance," Obama told ABC's "Good Morning America."
"They're starting to get old enough where they may be able earn some money babysitting.