How much would you give your kids allowance

United States
September 27, 2012 8:02pm CST
From time to time, I saw my sister gave my nephew and niece some allowance as reward for they did a good jobs on their assigned chores, like help washing dishes, or clean up after I mow the lawn, etc..... Or they might get some extra money if they score A on their exams. Usually $20, or they might spend the money with their friends to buy this and that. I think the most important lesson for those kids about allowance nowadays is about how see the money they have. They can either keep them, or spend it all at once. Or they can save some and use some. For me, their parent should instill the idea of saving money for greater use, or something come up they might really need that money badly. I don't know how those kids see their allowance nowadays, but after we get through recession, we should know better how important to have some savings on your own. Why not learn it from small.
1 person likes this
4 responses
@asliah (11137)
• Philippines
17 Nov 12
hi, for me i think the better allowance that we give to our child is 20 to 30 Philippine peso especially when the school is near at your home and have a walking distance,sometimes my sister in law gave his daughter 10 peso but the child already have food to eat.
@deebomb (15304)
• United States
28 Sep 12
Hello kingparker. I personally don't think that kids should git an allowance for doing daily chore. Those chores are things that the kids should because they live in the home and they need to help keep the home neat and clean. Nor should they get money for getting good grades. The kids should be made to feel satisfaction for getting good grades. There should be a list of chores to be done by the to be contributing to making the home a pleasant place to live. Who's going to pay them to keep their home up when they get out on their own? I'm assuming that these kids are teenagers. The parents could pay them for doing unusual jobs that also need to be done. Jobs like washing the out side of the house, maybe washing windows and thing like that. When they do get some money they should be taught to save 10% give 10% and spend 10%. This way when they get out on their own they will have good spending habits and not need to go home when things get tough. My own daughter gives her two daughter pretty much what ever they want. They are 16 and 18. They do have chores but only really do them when they want to go somewhere. Mom gives them spending money when they go to the movies or to the games at school. They are going to have a real difficult time when they leave home. They want the best and there's nothing wrong with that as long as they can afford it.
@911Ricki (13588)
• Canada
28 Sep 12
As kids we use to get allowances, well the first three of us kids did. We had our set weekly chorus, and got say 0.50 cents for 3 chores for the week. We were taught to save it up for what we want, we really werent told how to spend it. I was always the stupid kid who never spent their money. But if we didnt do the chores right, or how it should be done so much would be taken off. I think it shows kids responsibility and work ethic at a yougn age. The three of us got jobs young (not saying the other two are good with their money), but they do work, and try. My younger brother was handed money left and right for doing nothing or next to nothing. If he didnt do the chore he still got the money. Now he is almost 18 (in 2 months), he cant hold a job, has no responsibility, no work ethic, no goals, and really nothing.
@kenshin2143 (1880)
• Philippines
28 Sep 12
Having rewards for such achievement is pretty nice for it triggers a surge of willingness to a child. However, rewards should be controlled in such a way that the child would be only driven by such.