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Kids allowances
2 years ago  ::  Mar 23, 2008 - 11:23AM #1
Yes_Forever
Posts: 752

I would like to see how we compare with other families. Our kids are 14 and almost 16. How much do you pay your kids each week/month? Are they required to do chores to earn their money? Do you make them save some money? Do they have to buy all their own things with their money or do you still buy certain things? I remember Kevyn talking about a system she used for her children. Does anyone recall the details? If you have a great allowance system that has worked for you, please share!! Thanks!! Laughing

2 years ago  ::  Mar 23, 2008 - 11:36AM #2
LeeLoo
Posts: 556

I think I started getting allowence when I was 12. I got $10 an week. Really I didn't have to do much, Maybe dishes here and there and keeping my room clean. I complained about inflation once I hit high school and then got $20. But on my 18th birthday my dad told me I had to get a job...what a great present that was.

2 years ago  ::  Mar 23, 2008 - 1:00PM #3
Mikal Sylvine!
Posts: 321

I never got any allowance when I was growin up.  Personally, I don't believe kids should get it at all.  There are chores around the house that they should do, just because they're part of the family, without expecting money for it.  I mean, do parents get paid for all the cooking, cleaning, child raising or all that?


I think that when kids get old enough to think they deserve money of hteir own, they should earn it with a real job.  I think 14 is the age most places start hiring kids, some places like, 12.


~John

2 years ago  ::  Mar 23, 2008 - 8:53PM #4
Lauren
Posts: 450

I am HORRIBLE with this. I do agree with Mike - the kids need to just pitch in and help around the house because we are a family and we all need to work to make things flow. HOWEVER, I also think that giving the kids a set amount of money each week can help them to save for certain things that they want to get and that I won't just buy them. It helps them to understand how much things really cost and how hard it is to work towards that type of goal. Makes them think more about what they want to spend their money on and what is really worth the effort.


 


When I actually have a plan, I work it like this: $1 for every grade level. (3rd grader gets $3, Freshman gets $9) My youngest is in preschool, so he gets about 50 cents. I type up a weekly list for them to follow. It doesn't always work well, and when I don't have the list out, they just do as I tell them and don't get paid. If there is a list, the are deducted 25 cents for each item they do not accomplish. Once they are at zero, they still need to do the chores and may have additional work added.


 


I really am not a firm believer in paying for work, but it does really motivate them to do more. "Mom, is there something I can do to help you?" Is what I most frequently here when I enforce the work/allowance rules. I tell them that if they do anything that is above and beyond what is being asked of them that week, they can possibly earn more money.


 


What do you do? I am sure that you are totally more consistent with whatever plan you have in place!

2 years ago  ::  Mar 23, 2008 - 9:17PM #5
Z
Posts: 732

I know my kids are too young to really answer this question. To a certain extent, I agree with John. We have chores that the kids do (to the best of their abilities) because they need to pitch in, be responsible, and/or help out. However, I do pay for extras. It's always very clear: never a "maybe I'll pay you". It's you clean the play-room and I will not be helping, you will get... $1. I will pay out and they have little boxes that my hubby has made for their money. They save up to buy something and we let them pick things out. Usually hair-stuff, lip-gloss, books, small toys, shoes... those seem to be their big purchases.


I don't pay them a weekly allowance yet, but they do get paid a penny for every dandelion that they pick in the summer. They frequently have jobs that are paid (because they are extra). Also, when they've decided to make some money, they'll come and ask for a job.

2 years ago  ::  Mar 23, 2008 - 9:22PM #6
Yes_Forever
Posts: 752

Our plan is that the kids are required to do their chores just because they have the pleasure of living in our home! Wink We have tried numerous forms of allowances. Right now, they are getting $20/month. They have to use it to buy extra stuff ( concert tickets, video games, belly button piercings, movie tickets, etc...). All the extra stuff we don't pay for. I think they need some money to learn to save and how to budget. Derek will spend every last cent before we barely get it in his hands. Nicole will save, save, save. They will both start working this summer and I am curious as to how other parents handle that too. Do we make them pay for all their own things then? Do we charge them money to get them used to when they have to pay rent/utilities/insurance, etc..??? Do we require them to save a certain amount? It gets confusing at this age. Remember when they were little and happy with a quarter? Laughing

2 years ago  ::  Mar 23, 2008 - 9:39PM #7
Z
Posts: 732

Yes_Forever,


I did lawn-mowing and babysitting before I could legally get a job. Then, I held a job from the moment I was able to. My mom made us save half and we could do whatever with the rest. That included clothes (which she'd buy for us- but only the necessities), movies, extras...


We didn't have cell-phones and my parents paid for the car and insurance. However, I put gas in it and paid for all those expenses.


 

2 years ago  ::  Mar 23, 2008 - 9:42PM #8
mutha_interrupted
Posts: 55

My boys are 14 and 12 - they get $20/each per month. Of that, $5, is for spending, $5 is for church/charity and $10 goes directly into a savings account.
I buy their clothes; they buy music, snacks, etc. It has worked out wonderfully. They both have big savings accounts and love giving their money to those in need.

Now - they have chores. They clean toliets, vacuum, empty garbages, clean the litter boxes, shovel, rake and mow. And other stuff as it comes up.
I am teaching them to be self-sufficient and responsible. In return, I get a heckuva lot of help with the house/yard work!

2 years ago  ::  Mar 23, 2008 - 10:14PM #9
LeeLoo
Posts: 556

DAMN! I was cleaning up! lol I didn't know how good I had it!!!!

2 years ago  ::  Mar 23, 2008 - 10:31PM #10
Yes_Forever
Posts: 752


DAMN! I was cleaning up! lol I didn't know how good I had it!!!!




 


You and me both LeeLoo! I just asked my parents for money and they gave it to me. Never any big amounts or anything. Just like $20 or $30 whenever I needed it. Yes, I had to do chores but that wasn't to earn money. Another part of my rebellion....I had to do all the ironing. As soon as I moved out at 18, I refused to do any ironing and to this day do not and never will own an iron. Ha! That'll teach 'em! Laughing

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