How do you give your kids allowances?
By marketing07
@marketing07 (6266)
South Korea
May 24, 2008 7:56am CST
few hours ago my husband nephew is talking to us about the allowance we give to him..he suggested to us that we have to give him weekly allowance rather than giving them(with my son)a daily allowances..i insisted that i want to give daily rather than weekly as i dont know why he suddenly want to make it weekly. how do you give allowances to your kids? do you think its too much for me to do that?plz share.
3 responses
@ellie333 (21016)
•
25 May 08
I have always given my children a weekly allowance which they had to earn by doing chores around the house. This gave them a lump some so that if they wanted to buy a CD or DVD they could and also helped them to budget as it would have to last the week as there would be no more. If they overspent it was a very long way to walk rather than them having enough for the train LOL. They never overspent due to this as I would never relent and give them a sub. The only time I would give two weeks, a week in advance was if they were going away somewhere. Ellie :D
@kerriannc (4279)
• Jamaica
24 May 08
I do not know what you call allowance over there is it Lunch Money. My parents use to give it to us on a daily basis because of the type of work they did. But I have friends who receive it on a weekly basis. When this is done their plan for it more better. ex. they receive $200 weekly - bus fare $10, food $100 and saving $90. So you see that is the reason some person prefer it weekly so that they can budget.
@tigertang (1749)
• Singapore
24 May 08
I used to get pocket money from my mum and stepdad for doing household chores. It was great fun and it felt good to have money that I earnt from doing small little things.
However, when I got older, my Dad have me an allowance as well as the child support when I went to boarding school. It was great fun, I had money, much more money than my kids and I appreciated my Dad for giving me the means to take care of myself.
But now that I look back on things, I feel that I did recieve more money than I should have. I wasn't as sharp as I could have been because, life was good. I wasn't hungry and I didn't need to save money because I just had to wait for the cheques to come in.
I think it's good to give kids money. But I think you need to make them earn it so they get the idea that money is not something that comes for free. One should also give them enough money to cover basic needs but no so much that they don't see the need to work.
@jonesy123 (3948)
• United States
24 May 08
I don't think it really matters when you give it. We give a weekly one. There is a set amount they'll get, but it may vary based on whether they did their chores or not, and if they did more than their share.
Are you guys the guardians for your nephew and does he live with you? Or why are you guys giving him an allowance?
@marketing07 (6266)
• South Korea
24 May 08
oh yes, actually my husband nephew has a father but his mother runaway when he is 1 yr,old i look after him..by that time..and he was living with his grand mother but now he wanted to stay with us..even if its very difficult for me coz i have a baby i cannot reject him as he needed a mothers care..thanks
