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Tweens and Teens
Reply to "Allowance/spending money for 12 year old"
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[quote=Anonymous]We give a monthly budget. He needs to decide how to spend. The budget is 150.00 a month, and before you gasp, here is what he expected to pay for: Entertainment including food at movies, etc. Clothes - we will pay for school clothes (he has a dress code), but anything else is on him. Sporting equipment that isn't absolutely needed- he usually ends up getting for birthdays and Christmas (special bat, etc.) Games, electronics, etc. that he may want. He is expected to walk the dog when asked, clear plates, help with dishwasher, help put clothes away, keep room neat, clean up after friends over, take out trash and other chores when asked. Attitude results in $10.00 reduction. I had similar plan growing up-- it was great and really helped me manage my money as a young adult. [/quote]
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