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Do your children have an allowance? How much is it? I'm not talking about like a college fund or money you're managing for them. I mean money you give them and if they spend it all on pokemon cards, it's ok. When you were a child did you have an allowance?
My kids are 7 and 9. I tried it recently, but they aren't getting it yet. Too many years of mom being a money tree. I am going to try again in 6 months
I think the idea of giving kids an allowance is to teach them how to manage and save money. I think it's better than spoiling them by buying them whatever they want. If they have an allowance and they want something, you can always ask if they can afford it on their own. If not, they will have to wait and save up for it.
I think the idea of giving kids an allowance is to teach them how to manage and save money. I think it's better than spoiling them by buying them whatever they want. If they have an allowance and they want something, you can always ask if they can afford it on their own. If not, they will have to wait and save up for it.
I agree, my kids just weren't getting it. They were giving away the money and not caring about the chores they needed to do for it. Points work well with them, so I guess they earn points for things, similar. We have a good points system and they can earn a bunch of things to a new movie, a toy worth a specific amount, an ipad app, eating at a restaurant, etc. When they are older we will try money instead.
We never did an allowance for our kids. They were expected to help around the house because they were part of the family...and families work together to keep the home livable.
We DID give them money occasionally to buy something special or see a movie or whatever.
We never did an allowance for our kids. They were expected to help around the house because they were part of the family...and families work together to keep the home livable.
I like this. I am trying to implement it. I am feeling really resentful these days of being the house maid. Yes, I am a SAHM right now...but really, you throw your shoes on the ground and I have to pick them up? And hubby, I make a great dinner and have to clear the table, wash the dishes and put them away? Come on now. My therapist told me my mom job hours are 40 a week, I like that. So I need some people to pitch in.
It's so funny these children are irresponsible. I used to know a very rich guy. His wife also had a great paying job. Their kids got an allowance. Without pressuring them, they children were always so frugal and put more into their savings than they spent. Before you think they were spoiled and their parents were buying things, for being millionaire they got very few extras.
I've noticed a lot of children spend their allowances willy nilly. I also notice this, because I never got one. We were too poor for it. I did have chores.
I wonder to if the children who spend so freely with allowances are copying parents. I say this, because the child I mentioned before were never told "save it" or "don't waste it" or some variant. They save their parents being frugal and not always getting the most expensive things.
I like this. I am trying to implement it. I am feeling really resentful these days of being the house maid. Yes, I am a SAHM right now...but really, you throw your shoes on the ground and I have to pick them up? And hubby, I make a great dinner and have to clear the table, wash the dishes and put them away? Come on now. My therapist told me my mom job hours are 40 a week, I like that. So I need some people to pitch in.
This is (partly) why I never had children. Being a parent is an endless job. Not with cleaning. With other things that are out of your control.
If you feel frustrated, maybe you make some you time when everyone is away. Maybe get your nails done or see a movie?
You don't have kids but are asking about allowences? why?
I find it interesting we're in a bad economic time (globally) and children get allowances. I often go places and see children who are too young to have a job buying things that clearly aren't for adults (i.e. the adult gave them the money to buy it for the adult).
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