I would give them an allowance provided they agree to put half of it in a bank account, this way it also teaches them to save.
2006-10-20 01:46:13
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answer #1
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answered by Mary Smith 6
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My son is 7 and he gets 4/5 euro a week, this is his money to do what he likes therefore if he wants an ice cream on a wednesday he must have the money to pay for it it gives them good skills with money for later life ie responsability etc, i understand what your saying about the bedroom but what i did was have him help with other chores around the house i give pocket money on a saturday so why not have that as cleaning + payday get the 13 year old to do the hoovering and the 9 year old to do the polishing.
2006-10-20 09:07:53
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answer #2
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answered by dubgirl26 3
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I have two daughters, one 14 and the other 11.
I pay my older daughter £40 per month. She has to do small jobs, like unpack the dishwasher, feed the dog etc etc. And she has to clean her room every day.
And the reason I do this is to have a hold on her. She uses her money for movies, cd's, clothes, etc so really appreciates it. And when she's cheeky, I dock £5.
It's more than just paying someone, it's teachng someone how to work with money and the responsibilities that go with our daily lives. I could do all my daughter's jobs, but she has to learn to contribute as well.
When I dock the £5, it means that she thinks twice before she yells or is rude. If I tell you that I've only docked her money twice because of my rules, will you believe me? So it means that there's no screaming or yelling, either. Our life is much more peaceful because of it. Only, you have to remember not to be soft. Make the rules and stick with them.
My younger daughter also has a list of jobs - she gets less money but that is because she is younger. Also, I go with her to the shops and am very generous.
2006-10-20 09:06:30
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answer #3
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answered by True Blue Brit 7
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They won't be money eating machines if you learn to say "No". Just because a kid wants something doesn't mean a parent has to get it for them. At 13 and even 9 they are old enough to figure out how to make their own money (especially the 13 yr old). They can mow lawns, rake leaves in the neighborhood, walk dogs, the 13 year old is old enough to babysit, they can wash cars for neighbors. If you want to pay them for doing things around the house make it for things such as mowing the lawn, raking the leaves, washing the car. By 13 a kid should be using their own brains to figure out how to make a bit of money.
2006-10-20 09:44:02
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answer #4
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answered by Anonymous
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definintely teach them to save 50% spend the rest like a current account and savings account, so much money should be given as just pocket money but i introduced a bonus for car cleaning, cutting the grass, cleanign windows ( my son asked if he can do for half the money i paid the window cleaner) good marks at school, things like fighting or leaving mess reduces bonus, anything really bad would affect basic pocket money, you will be surprised how much they ask to do special jobs because they want to fill their money bottles or piggy banks up, take them to the bank once a month to pay it in.. thats what i do anyway. It had a dramatic effect on the way they behave and also teaches them to save, and about earning etc.. They will learn at a young age the true value of money...
2006-10-20 08:55:14
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answer #5
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answered by stuio 3
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Personally, I'm not a huge fan of the paying them for chores thing. Learning responsibility for helping around the house is one thing and learning responsibility for money is another. Both are very important and I don't think you should mingle them ie you don't want to help around the house only because they get money out of it, they should learn to help out of a sense of responsibility. I would give them a flat allowance that is not based on chores. If they are particularly bad with not doing chores, you could withold their allowance for a week or so as an ultimate sanction but I wouldn't do this too often.
Once you give them an allowance, apart from essentials, you should stop giving them money for other things (eg you obviously still need to given them money for school books, lunch etc but you should not give them addtional money for say going to the movies or buying CDs). This will help them to learn how to budget their money and it will make any things that they buy for themselves all the more special as they went through the process of buying it with their own money.
2006-10-20 08:58:47
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answer #6
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answered by mel 3
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Can't help there. My kids get an allowance based on if their chores are done. If their room is a mess, no money. That's the only thing I would be able to come up with for small children. They aren't old enough to do too much more than help with house work.
2006-10-20 08:49:27
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answer #7
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answered by ? 6
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I give my son the same amount of money on Friday every week. If he's been naughty or has a bad school report, that amount goes down. If he washes the car, helps in the garden, gets a good report, that amount goes up. The amount I give him is dictated by my personal financial circumstances; everyone pays pocket money differently, the amount needs to be set by you, with extras agreed by you and the children.
2006-10-20 12:12:44
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answer #8
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answered by F 3
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How about paying them for extra chores. Fair enough they should keep their own room tidy, but you get ask them to wash the car, help in the garden, etc and then give them pocket money based of that.
2006-10-20 08:47:29
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answer #9
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answered by Wafflebox 5
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well i agree they shouldn't have to be paid for cleaning the house. that their responsibility. um lets see. oh yes well set boundries. like however much you give in a month then you set some rules. they break them you take like a quarter off or something. then at the end of the month you give them the money. you also need to write down what they did. so when you hand it to them they arent like why did i get this amount of money he got more. so that they see their miistakes and they know what to do next month
2006-10-20 08:51:13
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answer #10
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answered by peganyee101 2
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We pay ours a small flat allowance, and then they have a volume job they can use to earn. For instance our 14 year old daughter gets paid for every crate of ironing she does, our ten year old gets paid for helping with gardening.
Whether it's a good system or not I don't know. There are no perfect answers!
2006-10-20 08:50:39
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answer #11
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answered by GC 4
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