What Would You Do Wednesday: Allowance

I’m re-vamping our family bank system right now.  I really like it, and I think it’s REALLY showing some people responsibility, or it at least is an indicator of a LACK of responsibility, if you know what I mean. :)

Anyway, as a run-down of how our system works, the kids get 5 opportunities to get checkmarks each day for things they need to do, but if they do them without me asking, and happily, they get a check.  These include

  • getting ready and cleaning room
  • putting school items away after school
  • get chores done
  • do homework
  • and practice

Right now, Spencer only gets 10 cents/check, but his allowance money is used only for “wants” — I take care of almost everything for him.  He has 28 opportunities for check marks, and he usually gets around 21 of them.

Conner gets 30 cents/check, his allowance is used for more of his “needs”, but he also earns babysitting money (I pay a dollar per hour but only if Drew and I are going out for fun, if it’s for work or church or school he gets nothing).  He usually gets about 10 checks (I have a hard time not reminding him that his little brother is getting a LOT more checks then him, but I digress).

We don’t have a lot of money for allowance (huge shock, I’m sure you have money coming out your nose), but now that Spencer is going to be 8 {gasp} I am ready to give both of them more responsibility for paying for their own things, with a little extra spending money.  Also, as per how the Eyres recommend doing it, if they get a certain % (which will probably be 90%), we will double their money, as an incentive to actually do their stuff, which currently is only happening with one of our children (I’ll let you guess who).

So, what’s your allowance plan?  Tell me more….

BTW, from last week, I LOVED how some of you have your kids pay for their own cell phones.  I think that’s something I am going to seriously consider. :)

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  1. says

    I like to keep it simple, yet effective. I watched a clip (from sometime this past year) of the Eyres talking about this and devised our own little plan. The kids get a half sheet of paper with their 5 tasks each day on their wall. I encourage them to look at it but I don’t harrass them about it. It’s their job to get it done. The 5 things are making their bed, helping with dishes, setting the table, cleaning up their toys from around the house and their room, and then one job of mom/dad’s choice. When they have completed all 5 tasks (this usually happens throughout the day) they bring the paper to us and we verify it and sign it. Then they put it in the “job box” which is a small basket on my desk. Fridays is our “family pay day.” We all sit at the dining room table and we separate the papers and count them up. Each day of work is worth 50 cents. We distribute their money, then help them figure out how much tithing to pull out and put it in envelopes. Then they store the rest of their money in a jar which we keep up high. When they want to buy something they can ask to see their jar and count how much money they have or what not, but we used to let them keep it in their room and the young one just kept taking out his money and playing with it, losing it, etc. :) We’ve been doing this for a month or so now and it’s been working really well for my kids. The tasks are age appropriate for them, and I may change/add tasks as needed but for now I really like it. It’s a great lesson when pay day comes and my 3 year old sees that his not being willing to do his jobs has led to him earning less money than his older, slightly more responsible sister. Makes him want to work harder the next week.

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