Anonymous
07/20/2021 22:57
Subject: Re:Allowance--What is the going rate for teenagers?
Double the age is their weekly allowance. Age is base, which never varies. Second allotment depends on 1) getting assigned chores done without being reminded; 2) keeping up with homework; 3) playing by house rules (respectful speech, cleaning up and looking after their own stuff, being generally helpful.)
Second allotment can be docked for misbehavior or going against house rules.
Our allowance is generous, but we do not give money for movies, things they want, random snacks at school. It all comes out of their allowance. They do fine unless they start missing their second allotment and that's the idea.
Our oldest is 13, so gets $104/month.
We've been giving allowances for our kids since they turned 5. It teaches them how to value and manage money. It also meant we didn't buy random toys they lost interest in after 2 days. Funny how much more careful about buying things they are when it's their own money.
We gave them presents on birthdays and at Christmas. Everything else they had to buy themselves.
Second allotment can be docked for misbehavior or going against house rules.
Our allowance is generous, but we do not give money for movies, things they want, random snacks at school. It all comes out of their allowance. They do fine unless they start missing their second allotment and that's the idea.
Our oldest is 13, so gets $104/month.
We've been giving allowances for our kids since they turned 5. It teaches them how to value and manage money. It also meant we didn't buy random toys they lost interest in after 2 days. Funny how much more careful about buying things they are when it's their own money.
We gave them presents on birthdays and at Christmas. Everything else they had to buy themselves.
Anonymous
07/20/2021 21:37
Subject: Allowance--What is the going rate for teenagers?
13 yo doesn’t get any. Grandparents on both sides love sending visa gift cards or cash for holidays, like all holidays including ones that aren’t even celebrated, and birthdays. It’s plenty of money to waste on fast food with friends when they go out. That’s all he seems to do with it.
If he really wants something and wants to save up, we create things he can do to earn money. Like yardwork, maintence on the house and saves that with his birthday and Christmas money. That’s how he bought a phone.
He has regular things to do around the house weekly but does not get paid for them. Garbage, laundry, etc.
If he really wants something and wants to save up, we create things he can do to earn money. Like yardwork, maintence on the house and saves that with his birthday and Christmas money. That’s how he bought a phone.
He has regular things to do around the house weekly but does not get paid for them. Garbage, laundry, etc.
Anonymous
07/20/2021 19:41
Subject: Allowance--What is the going rate for teenagers?
We’ve been doing $1 per school grade per week so my rising 8th grader will get $8/week. She’s not a big spender by nature and we pay for everything she needs so it’s just going into her account every week and building up. Meanwhile the 6th grader spends hers on video games the minute she’s saved up enough.
I’m planning on transitioning to a $1/age or something higher at some point but the older one doesn’t need more yet and the younger would spend it on crap so we’re good for a while longer.
I’m planning on transitioning to a $1/age or something higher at some point but the older one doesn’t need more yet and the younger would spend it on crap so we’re good for a while longer.
Anonymous
07/20/2021 19:20
Subject: Allowance--What is the going rate for teenagers?
Age/month + extra(ordinary) work/chores.