Comments on: When Do You Start Giving Your Child An Allowance? http://www.balancingmotherhood.com/2008/04/28/when-do-you-start-giving-your-child-an-allowance/ Finding my way through life, career and motherhood. Sun, 23 Nov 2008 20:33:47 +0000 http://wordpress.org/?v=2.3.1 By: Alicia at BalancingMotherhood.com http://www.balancingmotherhood.com/2008/04/28/when-do-you-start-giving-your-child-an-allowance/#comment-432 Alicia at BalancingMotherhood.com Wed, 30 Apr 2008 15:06:50 +0000 http://www.balancingmotherhood.com/2008/04/28/when-do-you-start-giving-your-child-an-allowance/#comment-432 Thanks for the posts ... great tips! I especially like the idea of having the child have to use her allowance to buy non-necessities. Certainly would help teach the value of a dollar. And, I'll have to try out zefty. Thanks for the link. Thanks for the posts … great tips! I especially like the idea of having the child have to use her allowance to buy non-necessities. Certainly would help teach the value of a dollar.

And, I’ll have to try out zefty. Thanks for the link.

]]> By: Varian http://www.balancingmotherhood.com/2008/04/28/when-do-you-start-giving-your-child-an-allowance/#comment-426 Varian Wed, 30 Apr 2008 01:37:47 +0000 http://www.balancingmotherhood.com/2008/04/28/when-do-you-start-giving-your-child-an-allowance/#comment-426 Our biggest problem was not only negotiating an amount, but sticking to it and making sure we paid our daughters timely. We just started using Zefty (http://www.zefty.com) for tracking/managing our daughters' allowances and it has a nice calculator for estimating what you should pay -- it's based on household income, child's age and the level of difficulty of their chores. Our biggest problem was not only negotiating an amount, but sticking to it and making sure we paid our daughters timely. We just started using Zefty (http://www.zefty.com) for tracking/managing our daughters’ allowances and it has a nice calculator for estimating what you should pay — it’s based on household income, child’s age and the level of difficulty of their chores.

]]> By: Kim http://www.balancingmotherhood.com/2008/04/28/when-do-you-start-giving-your-child-an-allowance/#comment-424 Kim Tue, 29 Apr 2008 13:20:18 +0000 http://www.balancingmotherhood.com/2008/04/28/when-do-you-start-giving-your-child-an-allowance/#comment-424 Just stopping by and thought I would share my thoughts :) Allowance seems to be a touchy issue with many parents and most people think my husband and I are crazy but since our daughter was 5 she has been expected to do certain chores and at the end of the week she receives her allowance by age. So, at 5 she got $5 a week and at 6 - $6 and now that she is 8 she gets $8 a week. I know it seems like allot but we make her buy anything and everything she wants (excluding necessities, of course) so it actually saves us money monthly and our daughter knows the importance of a dollar. She has also gotten very good at saving her money. We have some friends who don't believe in allowance but I promise you they spend at least $100, probably more a month on things (toys, candy, etc.) that their two children want. If they gave allowance and made them earn the money then the children would understand money better, respect it more as well as the things they have and the parents would save some money. Anyway, that's my thoughts on it. Have a great day! Just stopping by and thought I would share my thoughts :)

Allowance seems to be a touchy issue with many parents and most people think my husband and I are crazy but since our daughter was 5 she has been expected to do certain chores and at the end of the week she receives her allowance by age.

So, at 5 she got $5 a week and at 6 - $6 and now that she is 8 she gets $8 a week. I know it seems like allot but we make her buy anything and everything she wants (excluding necessities, of course) so it actually saves us money monthly and our daughter knows the importance of a dollar. She has also gotten very good at saving her money.

We have some friends who don’t believe in allowance but I promise you they spend at least $100, probably more a month on things (toys, candy, etc.) that their two children want. If they gave allowance and made them earn the money then the children would understand money better, respect it more as well as the things they have and the parents would save some money.

Anyway, that’s my thoughts on it. Have a great day!

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