Reply to Allowance for a 1st grader?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Right now, a dime a week.  To me, right now, the purpose of allowance is to teach about money. So we started with a penny a week. Then a nickel a week. Now we're on a dime. The girls will learn about savings, borrowing, making change, adding and subtracting, etc.

It is not tied to chores because chores are what household members do to keep the household running. If you want to live as a member of the household, you will do chores.  Having said that, there are sometimes special extra projects that we will pay for.  
I do not believe in a dollar per age because what four year old needs almost $20 a month? That's a ridiculous amount of money for such a young child. [/quote]

i tried tying allowance to chores but it didn't seem to work.  started getting questions like: it i let you cut my nails can i have a penny for each nail.  decided it was the wrong lesson since i think doing things around the house is something we all have to do.  [/quote]

So, to further break down what I was saying above, everyone has to do things like help with laundry, make their beds, clean up from meals, help cook, help do routine cleaning.  But if DH decides he wants the car washed, he might offer it up for $5, and then tip an extra $2 for a job well done. Or when we re-did our attic and turned it from the scary place we threw suitcases into a bedroom, DH paid the kids $1 an hour to be helpers. When I was going to hire someone to repaint our fence, DD asked if she could have the job. So I paid her $10 per coat of paint. [/quote]

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