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Allowance for Kids

Discussion in 'Money Talk$' started by Salty, Apr 18, 2013.

Salty 20,000 Posts Club
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Do you give your kids an allowance?

Why or why not?

Is there an age they should start getting a part time job?

Do you require your kids to do chores for their allowance?

How much do you give (optional question)
at age 6,9,12,15

Do you require your kids to put X amount aside for savings and/or offering?

#1 Salty, Apr 18, 2013
SaggyWoman Active Member

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I work with foster care kids.

They get four types of allowances:
Hair Money (not debateable, they get it each month)
CLothing money (not debateable, monthly)
Allowance (monthly, based on behavior and chores being done)
Weekly activity money (based on behavior, focusing on their goals)

#2 SaggyWoman, Apr 18, 2013

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