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Allowances

My son is turning 5 next week. I thought as part of his birthday present to give him a weekly allowance. Is this too young? I'm thinking $5 a week for now.
Does your child get an allowance? How much do they get and how old did you start?

 
Nicoles2LilRams

Asked by Nicoles2LilRams at 3:15 PM on Mar. 21, 2011 in School-Age Kids (5-8)

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Answers (6)
  • Yes mine do. My dd just turned 6 and she does get allowance but we obviously hold onto it for her. She gets between $5 a week, and she gets money taken away when she is not behaving or what have you also. My 11 yr old gets $10 a week. At 13 they get $15 a week, and at 15 they get $20 a week.
    gemgem

    Answer by gemgem at 3:21 PM on Mar. 21, 2011

  • My 9 and 11 yo's get $4/week - $2 to spend/save as they wish and $2 to put in their savings accounts at the credit union. They earn their allowance by doing chores cheerfully without complaining. Their chores have to be done anyway.
    missanc

    Answer by missanc at 3:24 PM on Mar. 21, 2011

  • I always had to earn my allowance by doing my chores. If I did not do my chores I hadn't earned my allowance. My parents didn't "give" me the money.
    CraftingMama

    Answer by CraftingMama at 3:21 PM on Mar. 21, 2011

  • She does not get an allowance, and I am amazed at the amount kids are getting now. I'll have to give up meat to afford it.
    elasmimi

    Answer by elasmimi at 9:57 PM on Mar. 21, 2011

  • As long as you are giving him the chance to EARN allowance, sure it is a good idea.
    KTMOM

    Answer by KTMOM at 10:01 PM on Mar. 21, 2011

  • They dont have set allowances. We just give them money if they've earned it.
    chiquis

    Answer by chiquis at 2:41 AM on Mar. 22, 2011

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