So what is your take on allowance for kids? We are a family of 6 but one flew the coop so we are now 5. I am a homeschooling, stay-at-home mom and I am going back to school myself. We are a busy house with homeschooling, my college classes, gardening, the chickens, housework, crafts, sports, etc. any my husband is out of town a lot so keeping up with everything and the household duties is A LOT to say the least. I decided it was time for some chores and allowance and I am so glad we did it. It helps me immensely not having to do everything and the kids are thrilled on payday! They have become amazing at saving their money and the boys 5 and 6 have yet to want to spend any of it. They actually keep telling me we need to go to the bank because their piggy banks are full. That leads me to question 1: How much do you give to your children and how old are they?
I give my 13-year-old daughter ten dollars a week. Some may think that’s not a lot but she is home schooled and we pay for all of her extra curricular activities so this is just for her. I am very proud to say that she does not spend her money very often and has $1000.00 in her savings account.
My 5 and 6-year-old boys each get four dollars a week. This is plenty for them as they don’t have many chores to do and they are pretty easy compared to what sister does for her ten dollars. Which leads to the next question.
Question 2: What chores to your children do? My older daughter does her own laundry and is responsible for keeping her own room
clean neat-ish. These are not considered her chores but basic responsibilities. Her chores are feeding the dogs lunch and putting away their bowls, taking trash can to the road on Monday’s, cleaning the doggy piles in the backyard up on fridays, vacuuming on Tuesdays and Thursdays, sweeping the kitchen Monday and Friday and miscellaneous requests. These miscellaneous requests consist of things like please empty the dishwasher, set the table or do the dishes. Only a couple of chores a day.
My 5 and 6 year old boys let the chickens out in the morning and lock them in at night and collect the eggs. They also feed the dogs in the morning and put away their bowls. They also sweep and vacuum (to the best of their ability). They will dust with baby wipes in the living room, wipe the window sills and/or baseboards. They also only have a couple chores a day they have to do. They also have basic responsibilities that are not considered chores like keeping their room clean and getting dressed and putting their dirty clothes in the laundry room basket. I don’t keep a clothes hamper in their room. I have them put their dirty clothes every morning and night into a clothes basket in the laundry room that is designated as theirs for their dirty laundry.
How about you? Do you give your kids a chore list and allowance? What are their chores and what do they earn? I am thinking about creating a wipe off chore list for the kids since their list keeps disappearing. I saw something on Pinterest once that I think would work great. A picture frame with the chore list inside the frame all prettied up with pretty paper and then a dry erase marker to mark off when the chores are done on the glass so it can be wiped off and used over and over and over again! What do you do? Financial problems is one of the major reasons for divorce and depression later in life so we believe learning how to manage money is a huge part of our children’s education.