I hope you’ve enjoyed allowance week, where we covered the great chore debate, talked about how much to give your kids, what to spend it on, and different ways to make the payments. Today I’m going to give you a boatload of resources you can use for your own kids (or to send to your […]
allowance and kids
So you decided how much you’re going to pay your kids, what it will be based on, and how you’ll have them divvy up their money. But what about the practical here – how exactly are you going to pay them? After all, if you’re like me, you may or may not have cash for […]
Now that you’ve decided what you’re going to use to figure out the allowance you’re paying to your kids – and how much you’re going to give them – you’re faced with the question of what they should do with it. After all, you don’t want to just fork over a bunch of money for […]
One question I hear all the time, that soooo many parents struggle with, is exactly how much money to give their kids for an allowance. If you look up “average allowance”, you’ll find a recent study from the American Institute of Certified Public Accountants that found that kids are paid an average of $30 per […]
It’s one of the great debates of kids and allowance – do you make it a payment for specific chores? Or do you give them an allowance not based on chores at all? There are strong arguments, and lots of passion, on both sides of the debate. Today I’m going to cover both perspectives and […]
For a long time, I didn’t give my kids an allowance. Now I do, but it’s a small one. Come read more about my allowance philosophy, and my debate on whether I should raise the amount.