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Does your child earn an allowance?


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  #1  
October 6th, 2011, 11:07 AM
Twinkle's Avatar Platinum Super Mommy
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Do you give your child an allowance? Is it related to chores that he/she does? At what age did you start?
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  #2  
October 6th, 2011, 11:19 AM
MommaTrish's Avatar bless your heart
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No. We were doing it, but decided to stop. Now the only money we give them is a dollar on Fridays for ice cream so long as they are good in school all week.
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  #3  
October 6th, 2011, 06:15 PM
*Valerie*'s Avatar Platinum Supermommy
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Not us yet. My mom will give him money for chores when he's there, but at home, we just ask him to do it. As he gets older (no clue when) we'll start
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  #4  
October 6th, 2011, 06:36 PM
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Yes. I have an Excel spreadsheet and he has chores that he receives X amount for. If they are done on time and without being asked/reminded he earns the amount that day and he gets paid every Sunday. If he does not do the chore or doesn't do it on time or has to be reminded then he still has to do it but does not get paid. He'll be 10 this Sunday, but we started chores and allowance when he was 5.

But on that note, then when he wants something and it isn't around birthday/Christmas time he has to pay for it himself. Or if he wants ice cream from the ice cream truck he has to pay for it. And he also has to pay his $2 per week den dues for cub scouts. And when we go to Disneyland if he wants any souvenirs he must purchase them himself. We are teaching him to save for what he wants, that we do not do credit cards, loans, credit, etc...if you don't have the cash in hand you don't buy the item and you will have to wait until you've saved the money to purchase the item.

Last edited by SpazTaz; October 6th, 2011 at 06:39 PM.
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  #5  
October 6th, 2011, 08:08 PM
D@mnedYankee's Avatar Mega Super Mommy
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sorta
she has a chore list and she has to do them to earn her allowance. She is fined for misbehaving and not doing her chores. She gets "paid" every Friday but its not really USD currency. She gets a household currency she can use to get to stay up late, time on the Wii, etc or save and exchange it for USD $$ at a 6 to 1 exchange rate.
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  #6  
October 7th, 2011, 09:00 AM
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Yep, they can make up to $7 a week for doing their chores, usually they end up with $3-5. We make them put $2 a week into savings. We're really working (mostly with Joe) teaching him how important it is to save money instead of just blowing it. So far I think he's got like $40.
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  #7  
October 7th, 2011, 11:22 AM
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Quote:
Originally Posted by Momof4Boyz View Post
Yep, they can make up to $7 a week for doing their chores, usually they end up with $3-5. We make them put $2 a week into savings. We're really working (mostly with Joe) teaching him how important it is to save money instead of just blowing it. So far I think he's got like $40.

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  #8  
October 7th, 2011, 02:19 PM
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I haven't but am cinsidering starting soon.

I don't or won't give for normal picking up afteryourself. She is part of this family and will do that because she lives here. BUT I will let her earn money by doing extra things above and beyond what is asked of her. Such as vacuuming, helping with the dishes, dusting, cleaning the dining room table (the catch all of the house)
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  #9  
October 7th, 2011, 04:24 PM
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Quote:
Originally Posted by nvr.4.gtn View Post
I haven't but am cinsidering starting soon.

I don't or won't give for normal picking up afteryourself. She is part of this family and will do that because she lives here. BUT I will let her earn money by doing extra things above and beyond what is asked of her. Such as vacuuming, helping with the dishes, dusting, cleaning the dining room table (the catch all of the house)

ITA. My son earns money for vacuuming, cleaning up the dog feces, unloading the dishwasher daily, taking the trash from the house out to the big trash cans, putting the big trash cans out by the curb on trash day, and cleaning the cat box. We have a company that comes and professionally cleans our home every 2 weeks, so I do not pay him for cleaning as it doesn't need to be done in between really, but the other stuff I do pay him for (small amounts).
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