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Reply to "Seeking savvy input on structuring allowances for kids: first experience did not work! "
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[quote=Anonymous]If he gets $6.75/wk for spending, would birthday presents come out of savings? Birthday presents run $20-$30 for us, so that would be 3-5 weeks of his spending money for a present. If you are part of a culture where home made presents are appreciated (as my child has gotten older, that has become more of a "thing" and the kids regularly exchange little home made presents rather than store bought stuff) then that's not such a bad thing. Otherwise, I could see your son's entire spending budget going to buying store bought birthday presents. Maybe split the cost half-half initially?[/quote]
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