How much monthly allowance do you give your children?

@gicolet (1704)
United States
November 9, 2008 2:01pm CST
I'm giving my older daughter (she's 14) $20 every month and my 11 yr old daughter $5 a month. I'm just wondering if I'm giving too much, or less, or just about right? Lately I've been buying a lot of stuff for them ....buy me this and buy me that...sometimes i give in...sometimes i don't but I am wondering if i should continue giving them regular allowance or just give them money only when they need it.
3 responses
@sunshine4 (8709)
• United States
9 Nov 08
My daughter gets one dollar each week if she helps out around the house with out complaining for that week. Then she also gets $1 if she gets 100 on her spelling test for that week. She is 8 yrs old. I do not buy her the little extra things that she use to always ask for at stores, now she has her own money and if she wants something, she saves for it and buys it herself...after all , that is what allowance is all about. My 14 yr old works, so he doesn't get an allowance. He works part time at a pizza place in town. He uses his money to buy things he wants. He never asks me for money unless it is to borrow until he gets paid. I think that giving a 14 yr old $20 a month is alot unless she is working around the house earning it. Then if you are buying them lots of stuff on top of that money, you really aren't teaching them anything, but to want want want.
1 person likes this
@gicolet (1704)
• United States
9 Nov 08
I am not spoiling my children if that's what you're saying. I normally take my girls shopping after I received their report cards and they are doing really good at school. That or I take them to their favorite restaurant or let them go and hang out with their friends. My 14 yr old helps out with the dishes and gets the paper every morning and my 11 yr old gets the mail everyday and offers to help sometimes when i'm doing the laundry. Now once they get a C in their report cards they know what that means - no shopping, no dinner at red robin's, and no hanging out with friends or even chat with them on the internet. That's our deal. It's good to know that your 14 yr old is already working. Mine wants to work but my husband don't want to let her work. He said she should just concentrate on her studies for now. Thanks for your input.
@jstmarfz (1499)
• United States
9 Nov 08
With that kind of amount that you give to your children, I think that is enough. In that way, they will learn how to be responsible when it comes to money. With buying things, instead that you buy it for them let them buy it for themselves. Giving them allowance every month is really a good way. If they want to buy something for their self, then they should save their allowance in order to have it.
1 person likes this
@gicolet (1704)
• United States
9 Nov 08
Thank you. My older daughter usually spend her allowance on buying books from Barnes & Noble and some girly stuff from the mall. Now when she wants something that she knew she can't afford to buy she'll ask me if she could have it. I would usually go "Do you have enough money to buy that?" When she shakes her head with a smile I then go "Well then we're going to have to wait right?" Then she goes "That's ok, Mommy" and then find myself getting what she wanted the following week. Now after I bought what she wanted she hardly even notice that I didn't give her allowance for that month. My younger daughter on the other hand can't forget her monthly allowance no matter what and she's an impulse buyer. So then I told her that she's been spending money unwisely so I didn't give her allowance for this month. When we went to the mall last friday she wanted this shirt that I promised i'd get her about 3 weeks ago so I bought the shirt for her. She then said thank you Mommy. Then she would ask for more...Mommy can I have this? I would say "uh...no" and then reminded her that I just got her a shirt. She then goes "oh yeah...but oh can I get this and then don't give me allowance next month"? Well what she wanted costs more than her allowance. lol So i went uh...let me think about it. lol So I'm kind of wondering should i just do it this way? Don't give them allowance anymore and then get what they want at the time that I can afford to buy them? It's like I'm more in control this way and yet I also want them to know how to spend their own money wisely by giving them allowance.
@Shar1979 (2723)
• United States
9 Nov 08
I think that's just enough for them considering that you buy them their basic necessities. My husband would buy my daughter everything too. She's just 5 yrs old however, she does keep her daddy's quarter dollars so she has a lot of money actually per month.