How much do you give your children for allowance?

[hsmamato2]

If there is something special the kids want.. then they can earn towards it with extra chores they don't normally do. Most things though are just sort of expected. You are responsible for your own mess, and helping out with the common areas in this family.I don't say much about what she does with it, unless she wants something I don't think she needs (like another lipgloss when she has 10 of them).

I agree with this.....tho the reason we decided on an allowance system (they get it monthly and manage it) was b/c we didn't want to argue little things like who needs what with money we were going to share anyway...KWIM?
kind of like we figured the kids would want some junk during the week,we'd discuss it,etc etc etc or...just give them the small set amount,and let them figure out if they wanted to spend it or save it. It's funny,give a 3 year old 3.00 instead of just buying a toy,and see the look on their face when they realize it's up to them, how much do they REALLY want that toy,now that the money is in their hands to do with what they please?
what started to happen with our kids,was 80% of the time they decided to wait and save.

 

[kinntj]

DD6 -$2 a week
DD8 -$4 a week

 

[ashley0139]

Up through ninth grade, I received one dollar per grade I was in per week (when I was in 6th grade I got $6 per week). This was not for chores or grades but for learning how to manage my own money. After 9th grade I started working over the summers and made enough to sustain me through the year.

My parents always paid for anything relating to school or extracurricular activities (SAT tests or gymnastics). They also paid for clothes, etc when I was a kid. When I started making my own money I paid for clothes and anything else I wanted. I never was big on going to the movies or other things like that because I never had time.

 

[ZandZsMom]

My DD10 & DDS each get $1 - $2 a week to water/feed the cats, guinea pig and keep their rooms picked up (DDS usually ends up w/ no allowance )

If they go above and beyond, I will add a $1 or $2 more (DD usually gets DS allowance )

Right before the snow began to fly in New England, I told them both I would give them $5 each per storm to shovel our 2 porches. Have you seen the weather in NE this year? Bad move on mom's part to put that offer out there. They were raking in the money. DS broke his foot so the last 2 storms DD has been doing pretty good for herself.

Since they were pre-schoolers, they have been savers (birthday money etc). They know what they want to buy and save up for it. Every few months they ask to go to the toy store with their money. They know come vacation, Mom and Dad will buy sweatshirts and a "decent" souvenier...if they want what I call "junk" souveniers...it's on them. They are very selective as to what they buy

 

[figment3258]

My girls get 50 cents per year old. My 8 yr old makes 4$ and my 4 year old makes 2$ a week. They save there money and buy whatever they want. My oldest saved until 100$ to buy a American girl doll.

 

[collegejunkie]

as a spin off to the original question, how do you parents expect to handle money when your kids are in high school and college? i only ask because grades are more important than having a part-time job (in my opinion).

i put our allowances, etc in a post before. in college, i have a credit card for things that come up. if i'm spending more than $100, i let my mom know, but i don't have to ask unless i think it's not needed (tickets to a show, trip to visit a friend, etc). but things like groceries, dinner when i can't make dining hall hours, books, etc, i don't need to ask about.

 

[delmar411]

as a spin off to the original question, how do you parents expect to handle money when your kids are in high school and college? i only ask because grades are more important than having a part-time job (in my opinion).

i put our allowances, etc in a post before. in college, i have a credit card for things that come up. if i'm spending more than $100, i let my mom know, but i don't have to ask unless i think it's not needed (tickets to a show, trip to visit a friend, etc). but things like groceries, dinner when i can't make dining hall hours, books, etc, i don't need to ask about.

TBH, I expect my children to handle both. My DH works 50+hrs /wk and attends college FT. I also attend college FT and take care of my 4 children. If we can do that, then my carefree & responsibility free children can work a PT job and go to school full time. Less free time for them to get into trouble.

In HS we'll take it as it comes. I doubt we'll be able to get 4 extra cars for the kids to all go in opposite directions so we'll have to make some compromises when it comes to HS employment.

I worked in HS and loved it. Plenty of time to do homework and extracurricular activities. And still plenty of time to get in trouble.