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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][quote=Anonymous]We don't give allowance, we make them work around the house.[/quote] We give an allowance that is not attached to chores. Everyone has to do chores because that is how families work. Don't want to do your chores? OK, you just lost a privilege. They get an allowance to learn how to handle money. I once read that families that don't give allowance end up giving their kids just as much money, only it's not predictable. My kids know what's coming in: how much and when. And they choose to donate to charity, which I am happy about. But it's their choice. [/quote]
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