Should I give my kids an allowance?

Do you give your kids allowances?

If so, do you make them work for it...or is it just their "right" to have their own money (meaning they get it without having to do anything for it)?

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Anonymous

Asked by Anonymous at 1:01 PM on Dec. 22, 2008 in School-Age Kids (5-8)

This question is closed and filed in the CafeMom Encyclopedia.
Answers (18)
  • This is posted by me...sorry I clicked anon by accident...
    ReneeK3

    Answer by ReneeK3 at 1:01 PM on Dec. 22, 2008

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  • My kids have regular chores that they HAVE to do and they do not get paid for it. If they want an allowance they have to go above and do extra things in the house without being asked. Depending on what it is they get 1-2 dollars per extra chore they complete.
    WishyClarkson

    Answer by WishyClarkson at 1:04 PM on Dec. 22, 2008

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  • I won't give my kids "allowance". I never got allowance for doing chores, that was jsut my job in the household. If my parents asked me to do something for pay, that was when I got money. My kids (when they get old enough, my oldest will be one jan 2) will have certian chores that they will be in charge of and certain things they can do to earn money.
    navy-wife

    Answer by navy-wife at 1:06 PM on Dec. 22, 2008

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  • no my kids do not get an allowance,but they don't do a hell of alot either lol i give them money to go to dances or if they go to hang out with their friends i give them a few dollars and the only time my daughter gets extra money is if she has been watching her sister for me alot which was over the weekend cuz we went christmas shopping and she kept her sister for me.
    jodi205

    Answer by jodi205 at 1:08 PM on Dec. 22, 2008

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  • I do not think it sets a good example to just pay someone for nothing...it isn't how real life is.DS had a big prob grasping this lol, so here is what we do now. We have a list of chores that he can do and a chore book. Each time he does a chore, take out the trach for ex. we both sign and date the chore book and he gets $2. He usually ends up with about 20$ every 2 weeks but it is teaching him that the harder yopu work , the more you make and it is going great. Plus, I am preg so there are a couple things he has to do(w/o pay) just to help out. good question because alot of kids just expect an allowence and I don't like that whole"I am owed" attitude.
    Bearsjen

    Answer by Bearsjen at 1:09 PM on Dec. 22, 2008

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  • Allowance is seen as being a part of our family - without regular income, it is difficult for a child to know what to save, tithe, and spend - we do 50/10/40. Our six-year old gets $3 a week and we divide into jars accordingly. Extra money is earned by doing extra chores, it is expected that her room is tidy, family room clean of toys, etc.

    By teaching our children good fiscal habits at age six, we are trying to lay the ground work for good fiscal habits at 18.
    Wimsey

    Answer by Wimsey at 1:12 PM on Dec. 22, 2008

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  • My kids get an allowance -- $3 week for the 6 year old, $4.50 per week for the 9 year old. It is there to help learn how to manage money, and also so I don't have listen to them always asking me to buy them stuff. When the answer is "do you have enough money in your account?", it puts the decision making back on them.

    We do not tie allowance to chores. They get the allowance no matter what. BUT... if they fail to do a job that they are responsible for, then they get "charged" for it. If I have to clear their dishes off the table, that's a quarter. Forget to feed the dog? Another quarter. These are called "service fees". They can also get "fines" for misbehavior. If they are having a silly argument and can't resolve it, I give them the option to pay for "arbitration" or resolve it themselves. It's amazing how well this works!
    cam.i.am

    Answer by cam.i.am at 2:57 PM on Dec. 22, 2008

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  • I would never pay my kid/s just for...being. The only thing I owe them is clothing, shelter, and food (though mine gets a lot more than that).
    IMO, if they want something extra, they're going to have to earn it.
    Anonymous

    Answer by Anonymous at 3:53 PM on Dec. 22, 2008

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  • I dont have an allowance yet, but I do give money to my kid if he worked really hard on something. I do this so he can have a concept of money and the imporatnce of saving up money and why its important to know how to count money.
    tropikanagirl

    Answer by tropikanagirl at 4:00 PM on Dec. 22, 2008

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  • my kids are too young for an allowance, but DH and i do plan on giving them one. of course it will have to be earned by doing chores and being responsible!

    i don't see a problem in it. it teaches them about money and the value of it.
    sarahkaystone

    Answer by sarahkaystone at 5:15 PM on Dec. 22, 2008

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