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Allowance

How much/how often should a 8 year old get in allowance?

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virginiamama71

Asked by virginiamama71 at 11:35 PM on Mar. 24, 2011 in School-Age Kids (5-8)

Level 40 (120,988 Credits)
Answers (9)
  • like $20 a month or $10 every two weeks
    mamawilbur

    Answer by mamawilbur at 11:37 PM on Mar. 24, 2011

  • http://www.gailvazoxlade.com/articles/kids_money/mom_can_i_have.html
    I like Gail Vaz-Oxlade, and her suggestion is a dollar for every year until they get older, and have them set aside a percentage for long term savings. We give our 5 year old $5 a week and our 8 year old $8 a week, and they each have two separate containers. One is for money they save to spend, and one is for long term savings. They set aside 20% each week.
    JulieJacobKyle

    Answer by JulieJacobKyle at 11:40 PM on Mar. 24, 2011

  • I would say 5 a week if they do EVERYTHING that's asked.. but, if you want him to be motivated to do things like.. take out the garbage.. you asked him once, a day later it's not done, you do it and then take it out of his allowance. It's more of a responsibility check than here is free money because you helped out (which he should do without being asked.. after all he is apart of your family). So, your room isn't clean we will have the neighbor kid do it and give him part of your allowance.. bet he'll be more than willing to do it without being asked next time! 5 is reasonable if he's doing the work for 5
    kbishop8688

    Answer by kbishop8688 at 12:52 AM on Mar. 25, 2011

  • We have a 3 year old that helps with laundry, washing the cupboards, dishes (if you can call that help :) ), she makes her own bed, picks her toys up and helps set the dinner table. We don't ask or force this on her, but she wants to do it. Every time she does (only once a day though) she gets .25 cents for it! If she doesn't, she doesn't get it. We have it set so she can't get more than 7 bucks in a week (which i'm sure won't happen for a while.. she doesn't do all of that every day obviously). She likes doing it and we are teaching her responsibility in the end. So far she has like 30 or 40 bucks saved up in her own personal at home "bank".
    kbishop8688

    Answer by kbishop8688 at 12:55 AM on Mar. 25, 2011

  • I have 8 children (2 of them step) - and none of them get an allowance. I do not believe that children should be paid to be a part of the family or for learning life and self help skills. They are rewarded with praise, hugs, thank you's.... and the pride they get from a job well done.
    My children DO earn money for themselves in other ways. My 9 year old son crushes the cans & gets to keep the money from recycling them. My 12 year old daughter makes things to sell to friends & family members. All of my children pitch in gardening and take an equal share in the profits from selling the produce.

    Allowence is a completely personal family matter. Some people do it, some don't, and everyone has their own reasons behind it. It is a choice you need to make on your own - taking into consideration the lessons and ethics you want to instill in your family, as well as your own personal budget limits.
    1Katrina

    Answer by 1Katrina at 3:57 PM on Mar. 26, 2011

  • 8-10 a week.
    tazdvl

    Answer by tazdvl at 8:43 PM on Mar. 26, 2011

  • Depends if they Do their chores and how they behave
    Nitestalker

    Answer by Nitestalker at 9:04 PM on Mar. 26, 2011

  • $0. An 8 year old needs to learn to help around the house because s/he is part of a family, not for money.
    Pnukey

    Answer by Pnukey at 12:57 PM on Mar. 27, 2011

  • 8 dollars a week
    mommythree0508

    Answer by mommythree0508 at 1:40 AM on Mar. 29, 2011

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