| 2 years ago :: Mar 24, 2008 - 12:50AM #11 | |
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I am with you. One of my jobs when I was little was dusting and frankly, it doesn't happen nearly enough around here. My kids age 9 and 6 get an allowance which is not based on chores and adds up to $3 and $2.50/week respectively. It is basically for the times when they want me to buy toys/candy at the store and I always say yes you can buy that for yourself. Funny how priorities change when they have to pay for it. OH and 10% goes to church and 10% to savings. I say it is not based on chores however, every once in awhile when they don't get a chore done I charge them for the time it took me to complete it. There are so many ways to do allowance and so far I have found this works for us. I would love to implement something like Kevyn Burger did where kids have to budget for their own personal items, but frankly I don't think I would stick to it in the end. It seems to be a great way to teach kids about money though. More power to folks who do it! |
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| 2 years ago :: Mar 24, 2008 - 7:14PM #12 | |
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Me: When I was growing up, I earned a $1/hour, and I had to buy my own clothes. Grrrrr....I quickly sought outside employment. The stepkids: They had a list, with dollar amounts, but rarely did them. Pretty stubborn bunch. I embarrassed to say that I have an adult child living here who doesn't do the chores, despite being asked. Kevyn's plan: I may be wrong, but I think Kevyn gave her kids budget money that included all their expenses. (I may be wrong, so someone feel free to correct me.) That way, they could practice making thrifty choices rather than just having 'fun money.' If Kevyn felt like giving something extra, she could.
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