When I was little allowance started in 1st grade, and I plan on following the same method. (ds is only 5 currently) Our allowance was to teach responsibility, and money management skills. As adults, we perform a task (work) we get paid for said task. So the same applied in my house for allowance. There was a chore chart, age appropriate so it changed, and it was possible to earn up to 5 dollars a week. If you did the work, you got paid. If you did not, that chores "fee" was docked from your "check." We were bought toys on christmas and birthdays, and easter, so any other time of year we wanted a new toy, we were expected to work and save our allowance. I felt proud when I bought things with "my own money" and I worked hard for that money. I also learned math skills, and how to save at a young age which as paid off in adulthood. So yes, when DS enters 1st grade, we will start the same process I was taught.
at 8:01 PM on Mar. 30, 2011