Most kids want money. I think it’s important to teach them the value of a dollar and how important it is to work for your money.
However, time and again, the debate of whether or not to tie allowance to chores comes up in our circle of friends.
For the past few years our family has followed in the footsteps of a friend who gave me the Chore Chart that she had used with her kids. It has worked well for our family.
Each kid has many things that they need to do daily/weekly simply because they are members of our family and household. Just as I have to do laundry they need to do things like set the dinner table, take out the garbage and feed our pets.
It’s when tasks go above and beyond that the kids have the opportunity to earn money. Once they complete five extra chores in a week, from the list on the chart, they earn a set amount. At our house that amount is $10 a week for those over 13 and $5 a week for those younger than 13. One stipulation is that they can’t do more than two chores on the chart in a day. This stops them from thinking that they need money and rushing to get it all done in one day.
Wouldn’t it be great if you could work for one day and get paid for a week? Ahhh… reality sets in.
We’ve found that it’s nice that the kids have direct control over whether or not they earn anything.
Hopefully this serves them well as they get older and see that to earn money there are things in daily life that need to be done. Beyond those daily living things you can earn money for work that you do.
We can generally tell when they are saving for something special. The Chore Chart can sit blank for months or get used everyday. You never know. Either way the chart is there as an opportunity for them.