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Elementary School-Aged Kids
Reply to "Breakout for allowance- 30% college, 40% spend, 20% charity, 10% future.. ?"
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[quote=Anonymous]We do not require a breakdown. It's simple. When kid is in Target or CVS or anywhere and asks about buying "x," we simply ask, "would you like to get this with your money that you've saved at home or take a pass...place on bday/holiday list etc." he usually answers "pass" on these impulse purchases. For better items, he puts them on a gift wish list, or he works towards earning this super prize resulting from additional house chores like helping with yard clean ups, good behaviors, great grades, etc. At this age, it is my and DH's jobs to save for college IMO. We all donate $ and in-kind to charity. As a pp said above, I want to make donating a positive experience.[/quote]
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