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Elementary School-Aged Kids
Reply to "Allowance - how much and for what?"
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[quote=Anonymous]Age in years weekly. She splits it among (save, share, spend). When the save gets to a certain amount DH takes her to the bank to deposit and usually adds some more as reward for saving. No chores tied to money. Chores are part of being in our family. She spends mostly on toys or souvenirs when we go to museums and trips. She also gets her sister a birthday present snd holiday gift. Share has been for school fundraisers or any other charitable giving she wants to do. My kid is not money motivated so half the time we forget the allowance nd moved it to a monthly amount after a year. [/quote]
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