should my 7 year old get an allowance?

Question

how much should it be?

Answer 1

I dont' think a 7 year old should get an allowance...I think 12 is a right age for an allowance. I mean, if you give her an allowance, it would mean you're not there to buy her things....which is nuts because that would mean your 7 year old is walking around by herself. So now...I don't think a 7 year old should get an allowance.

Answer 2

My 5 and 7 yr old get an allowance. They have chores 5 days a week plus every day stuff like clean their room and do homework.
I made a check list so that every week we can ensure they do what they are supposed to do.

I give them 7 dollars each every 2 weeks. I had them make a box and each time they get allowance they put 2 dollars of their allowance in this box - that goes into their bank account once there is quite a bit of money in there. We count it and I take them to the bank and they give it to the teller. I also make them put another 2-3 in a bag and that's to save up for a big toy and the rest they can use when we are out for candy or dollar toys.
Right now they are saving in their 'bag' for a wii. If they save 1/2 I'll probably end up paying the other 1/2. Before they have saved up for a tamagotchi or other more expensive items. I don't buy them anything cuz I feel they just end up loosing, getting tired of it or trashing it so their 2-3 to buy something keeps them happy to buy those cheap stuff.

Answer 3

We started an allowance with our son at about this age (6 or 7), and he is 10 now. He was old enough and responsible enough to have some "chores". We assign him 1 basic task for each year old he is, and add something new each year. We made up a list of daily chores as a family, and allowed our son to help us decide what his responsibilities would be - things like feeding the dog, clearing the table, etc. We post his list on the refrigerator, and he is allowed a few "misses" - he can opt out of up to three in a month - we don't count sick days or times away from home. At the end of the month, if he has completed his assigned tasks, he gets a gift card to the store of his choice. This allows him to "save up" for big items, and prevents asking for something every time we leave the house. He has learned a lot about responsibility, budgeting, etc. It has worked well for us.

Answer 4

I say yes. I would start off with a small amount. Maybe $2 or $5. I give my son (who will be 7 in May) an allowance. There are some conditions to it though. For example, he has to kepp his grades up, do his chores, and follow all the rules. It makes him fell good like he's earned something. He has his own wallet which i make him leave at home. I only let him take it when we go out and I hold on to it. Sometimes, we'll go out, and he wants something. I tell him that it's it's not a "need" then he has to buy it himself. He still really doesnt know the value of a dollar yet, but it's slowly teaching him. He makes decisions as to what he wants to buy. I still say no when he wants to buy something that i think it's just plain stupid. But it makes him feel good about himself.

Answer 5

Hi! i too have a 7 year old who does, in fact, get an allowance. I read in a parenting magazine a few years back that a child should be rewarded for age appropriate chores. My 7 year old will set and clean the table, help with his younger brother, throw down his dirty laundry, wash the car, etc. The article said that the amount to give/put up for the child is 50 cents times the age of the child. Therefore our 7 year olds should get $3.50 a week for their contributions. I hope that this helps you!

Answer 6

I just read an article about this. It suggested that allowance should be given as soon as children can say "I want that". The belief is that if children are given an allowance they will learn how to become responsible with money. For instance, you give your child $7.00 because he/she is 7. Part of that has to go into long term savings, part into short term savings and part is spending money. If you are at the store and they ask for a candy bar, you tell them yes they can buy it if they have money of their own. Then if you are in another store and they see a toy they want and ask for it you tell them the same thing. Only this time, they are $1.00 short. You explain to them, that if they spent their money wisely then they could have bought that toy. Now they will have to save for it.
It was a very educational article. It also said not to associate allowance with normal chores like taking out the trash and cleaning their room. Which I think is a smart thing.
I want my kids to learn to be responsible so that they won't be like many people who live outside their means. The sooner we teach them, the better off they will be.

Answer 7

Absolutely. I have a five-year-old that gets an allowance and it has been a wonderful learning tool for her. We purchased an "ATM" machine for her bedroom and every Sunday night she gets her weekly allowance and puts in her machine. She keeps up with her balance and is saving for a new game.

We established an amount of $10.00. To earn this amount, she must complete homework, pick up after herself, not back talk, use her manners, and go to bed on time. For each thing that she does wrong, I can take away $1.00. She gets one warning and then loses the dollar. We keep a sheet of paper on the refrigerator and change the amount of money she earns as she has discipline problems.

From my experience so far, it is wonderful! My daughter is very cautious with her actions now because she does not want to lose any of her money. At first I thought she was too young, but now I know that it depends on the maturity of the child. Best of luck!

Answer 8

my seven year old gets an allowance for keeping her room clean, taking trash out, and small things around the house. it may seems like they are not suppose to get an allowance but do those things just because u said so, to some people. i think its all about responsibility, she has to learn that she must work for what she wants. its not going to be given to her all the time. i give her $10 a week, but if i have to tell her to do one of her chores or to pick something up i take a dollar.

Answer 9

We use a calendar at home and each child has a chore for each day of the week. Once they have completed the week they earn an allowance usually so much per chore. If they don't complete the chore then I minus the amount of allowance by subtracting for chores not completed. This way they know everyday what is expected. I workds for us and keeps everything running smoothly. We have 3 kids and it works.

Answer 10

My daughter is eight and I started giving her an allowance last year. In order for her to get a full allowance she has to have done all her chores for the week and she has to have been very good. I usually give her extra chores if she wants extra allowance( fifty cents here and there ). Now that she is eight she gets fifty cents extra a week(if all requirements are met). She usually saves up for something she really wants and/or buys stuff at the little store at her school.