Earning Allowance: Older Child
Results 1-10 from 231 articles
6 Year Old Allowance
Asked by K.M. from Los Angeles
on November 15, 2008
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My daughter is almost 6 years old. She has no concept of money. She thinks that it is ALWAYS available to her. I want to start giving her an allowance, so she can b...
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- We do same as Kathy L, giving an allowance no matter what, expecting household help no matter what. If our daughter doesn't help around the house, she doesn't get to ...
- I seem to have a different take on this than the other posters. I believe that as soon as they can start understanding rewards/punishments that you begin to implement ...
- How much does lunch cost at school? Use that amount for a while as the weekly amount. Before you give her an allowance, practice values with her. We did that in my ...
Allowance for 7 Year Old--how to Do It?
Asked by N.B. from Salt Lake City
on June 14, 2009
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My 7 year old daughter wants to earn her own money. So, I think it's time to start an allowance, but wasn't sure if it should be tied to things she does to help our f...
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- My boys have age-based chores. Everyone has a dog chore, a dish chore & their basic chores. 5 year old sets & clears the table, 8 year old puts away the hand-wash dish...
- My boys, are 8 & 10. they have chores that are tied to their allowamce but they understand that there are other things that they are responsible for.. cleaning their r...
- I would encourage her to do chores to earn her allowance. I think it teaches a valuable lesson about the value of money and self-reliance. It doesn't have to be anythi...
Allowance
Asked by S.W. from St. Louis
on August 4, 2009
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So, my husband and I are taking this wonderful class at our church called Parenting on Purpose and we have learned a lot of great stuff and gotten great ideas. One of...
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- There are 6 kids in my family and I'm not sure what my parents did for the rest. I'm the youngest 5 years younger than the next, but here's what they did... and I thi...
- Our girls have certain things they are expected to do around the house, mow the lawn, take out trash, empty dishwasher, that they do because they live there and are ex...
- What about rewarding them every week with how their behavior is and whether they have accomplished their tasks (whatever they may be and that you set out for them)by t...
Allowance
Asked by D.F. from Allentown
on November 16, 2008
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I am seeking advice on how much to pay my older girls for the chores that they do each week. My 13 year old daughter is responsible for vacuuming once a week (all the ...
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- I never received an allowance growing up even though I did the same cleaning type tasks to help my family. My parents made it clear that those were obligatory tasks a...
- Hi D., I have 2 things to share from Suze Orman. I saw an Oprah show she was on and she had a question and answer session via video phone with some viewers and someone...
- Hi D.... my kids are a little younger but this is what we do, they get half their age and a raise every other year (that way we don't deal with change) And it makes it...
Chores and Allowance
Asked by D.C. from Hartford
on May 5, 2008
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Hi all - my children are ages 6 and 9. I am very interested to know:
A) what types of chores do your children do (at similar ages) and how often?
B) do you give...
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- Hi, I have one daughter just turned 11. She kept bugging me for an allowance also. I finally gave an allowance when she was 10, with conditions. She would get $5 a wee...
- Goodmorning D. Whenn I raise my kids I use to have them help me I would help our 6 years old making his bed have him help you too,also he maybe help empty the dish wa...
- Mine is more of an anecdote than a response. I researched what an age appropriate dollar amount was and found that a childs grade is a reasonable amount...give or take...
Giving an Allowance?
Asked by J.S. from Los Angeles
on May 25, 2008
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Hi Moms! Our 10-year old son is requesting a $5 a week allowance. He takes out the trash and recycling; sets and clears the dinner table; empties the dishwasher, gets ...
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- At the local swapmeets, they sell ceramic piggybanks with NO opening. My BIL makes his kids stuff them to the top and when they cant get one more cent in, they take it...
- Dear J., Sounds like you have a GREAT KID! I don't know all the info to take into account, but if he is that good and you don't give him SOME freedom to have his ow...
- Hi J., I think giving a child allowance is an opportunity to teach many skills. You can teach him budgeting, etc, so he can buy things. Don't assume you know how ...
What Is the Average Allowance?
Asked by B.S. from St. Louis
on August 6, 2008
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Hello Everyone,
I was curious what the going rate on allowance is out there now. I have an 11yr old stepson. Really the only thing that he has had to do chore wi...
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- I have 2 daughters, 13 & 9 years old. They are responsible for making their own beds, keeping their clothes picked up off the floor and in the dirty clothes hamper, b...
- I would recommend somewhere in the ballpark of $10-$11 per week. This is still enough to have a little spending money for little stuff bit it's still small enough that...
- This article offers some guidelines on how much to pay: http://life.familyeducation.com/allowance/money-and-kids/48026.html I would also suggest you keep in mind t...
How Do You Handle Allowance?
Asked by C.C. from Dallas
on May 4, 2008
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I'm curious what other moms do. I have been giving $5 a week and letting the kids save or spend it how they want. My husband feels we've created a monster especially...
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- We do 50 cents per year of age; 10% tithe, with the remainder split between investing in a savings account and spending money. The kids have chores, but they are not t...
- We don't give allowance. There are certain things that we all do in the house because we live here. Each year starting on their fifth birthday, each child gets a new...
- Check out Dave Ramsey's Financial Peace Univeristy. They have a program for kids and allowance. One thing he suggests is "matching" the kids savings for larger purch...
Allowance for a 7 Yo
Asked by L.M. from Detroit
on April 5, 2007
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What is the going rate these days for allowance. My son is almost 7 and we want to start him on a weekly allowance, not tied to chores. We believe he should not get ...
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- Hi L.. For a 7 year old, I think a $1.00 a day is plenty. Our son is 8 and gets a maximum of $1.00 a day, but his is behavior and responsibility based. We think that...
- My son is 7 and we give him $3-$5 a week, but he has to earn them through chores. The more he does, the more he gets.
- Good for you! I looked on Love and Logic's website and they don't have anything free I could find pertaining to amount for a 7 year old. He definately should not be ...
Allowance
Asked by W.L. from Buffalo
on May 11, 2008
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Hi, my daugher is 5 years old and I'm wondering what people have done about giving allowances at this age. do you give them a set amount each week like a quarter or a ...
Answers
- Hope you have room for one more response. I too have given $1 per year. My kids have chores whether or not they get their allowance, the chores are expected to be do...
- My children are now 15 and 11 but my advice is to have them do something to earn it so later in life you won't have a hard time teaching them that they have family res...
- The standard is $1 per age...so for the 5 year old, $5 seems appropriate. Have them save it for something they want or in the bank and explain how by saving, they can...
