In our house she will receive a weekly allowance at age 5. It is her walking around discretionary $. It will not be tied to chores. The reason is that I don't pay you for contributing to the household. That is expected. If you live here, you will contribute. The allowance will be a small set amount. I only buy clothes, toys, etc for birthdays, holidays, start of school year. If I go to the mall to buy you shoes, you are getting shoes. Not then deciding last minute to get a toy. If you want a toy, you will need to save for it. I hope you makes mistakes, like blows it all on a cheap thing that breaks or candy that is gone in 5 min. That way she realizes it isn't just replinished and learns to budget and learns to avoid instant gratification. As she ages it will be a monthly allowance, and for the same reasons.I believe in telling kids "You may have it with your money. If you won't spend your $ for it, why should I?"
at 1:20 PM on Apr. 20, 2009