itstartedinla.com
Allowances: do we or don't we & how much? - It Started In LA
Every year around the beginning of the year we go through a similar scenario–rather scenarios, plural. It’s the start of a brand new year and you have the best intentions to improve yourself. Make a fresh start. The kids are another year older and it’s time for them to “step up”. One of the topics for discussion in my house this year revolves around an allowance. I’ve played with both sides of the argument and have changed my stance several times. This year we’re moving back towards the “allowance method”. So what is an argument for and against? In favour: it gives kids a budget and a sense of responsibility regarding how they’re going to spend their own money. They earn money and that’s the money they have available to them to spend. Then (of course) you don’t simply get money for nothing (earning suggests you’ve done something for that money) so there are jobs to be done in return. This also means I’m not shelling out “mall money” or buying bits and pieces every week because there’s no “allowance pool”. Against: kids live in your household and should help around the house, why pay them to help out? (Frankly …