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Elementary School-Aged Kids
Reply to "Allowance for a 1st grader?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My first grader got $10 per week last year. He saved nearly all of it. It sounds like a lot, but I don't buy much for him. If he asks for something at Target (toy, candy, whatever), I say "Okay, but I'm not buying it. That comes out of your money." He then decides whether to spend his money or not. He usually decides not to. He bought a Kindle for himself. He buys video games sometimes. [/quote] Does anyone else think this is WAY too much for a 6 yr old? My son got a dollar a week when he was 6 and he had certain chores he had to do before he got it.[/quote] You can't even buy a candy bar with a $1, though. If it doesn't buy anything, it doesn't mean anything. [/quote] Exactly. If I gave my 6 yr old $10/week, he would spend it right away. He knows he has to save for a month if he wants a small Lego set or Lego minifigure. If he wants a larger Lego set, he has to save for a few months. If I want to buy myself something like an iPod, I have to save for a good 6 months before I have enough to buy it. This is real life and I want my son to recognize it when he gets older. [/quote]
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