Paying allowance

iVillage Member
Registered: 08-06-2007
Paying allowance
13
Mon, 08-06-2007 - 2:27pm
of those of you who pay allowance to your children, what on the average do you pay a twelve year old and what do you expect them to pay for with their allowance??? thanks

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iVillage Member
Registered: 03-27-2003
Mon, 08-06-2007 - 3:08pm

I give her about $20 a month and its' for the little things she wants...gum, a soda or some goofy toy. I pay for movies and activities and necessities. Bascially she buys the JUNK I normally wouldnt' buy for her!

Denise

iVillage Member
Registered: 03-26-2003
Mon, 08-06-2007 - 3:13pm

I pay the equivalent of $1.00 per year of age per week. Since my kids are good at budgeting, I give them their allowance once a month rather than weekly (which works out to $52 per month, and broken down would equal $12 per week).

I pay for clothing and school supplies (and other necessities) that they need. They pay for extras that they want. If dd needs a new coat or shoes or outgrows her jeans, I will pay for replacements. If she has sufficient coats, shoes or pants that fit and just wants new/more, it comes from her allowance. If they want to buy books, earrings, video games, it’s all out of their allowance. I also pay for school lunches and an extra $5 after school once a week if they go out for pizza or a juice (but if they don’t go they don’t get the extra $5). If they want to go out after school more than once a week for snacks (or buy snacks at school which the lunch money I provided doesn’t cover), they have to pay out of their allowance

The purpose of their allowance is to learn to budget. It’s working well. They’re misers and while they may want everything they see, they don’t want it if they have to pay for it!

I still pay for movies and snacks at movies or similar activities and for extracurricular activities/classes.

Lynn

 

iVillage Member
Registered: 03-26-2003
Mon, 08-06-2007 - 5:07pm
Pretty much the same there. She gets $20 - $25 per month and when she wants to go with her friends to the donut shop for a treat she pays for it herself, gum from machines, etc. But if she's going to a movie with friends I would pay for that, or buy her most clothes. However if she already has a suitable coat and thinks she needs another one, then she can pay for it.

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iVillage Member
Registered: 03-27-2005
Mon, 08-06-2007 - 5:48pm

My son is 13 and is paid an allowance once per month. This is money he is "allowed" to have for the purpose of learning to budget and manage money. Chores are expected of him as a member of the family.. they are never paid for.

Connor recieves $40 per month. It is expected that he will tithe (we allow him to chose how much). He will pay for more cell phone mins beyond what we provide for him, movies, snacks, books, club dues, guitar strings, sheet music, outings with friends, music downloads and gifts. It is up to him to budget his money carefully, to plan ahead etc.. Once the money is gone, there are no advances so he'll either have to wait for the following month or work for the cash.

Connor earns extra money working for other people. Mowing lawns, doing yardwork, running errands and babysitting.

stacy

iVillage Member
Registered: 03-27-2003
Mon, 08-06-2007 - 6:34pm

Ditto! Or if I'm buying shoes and she wants a more expensive pair..she can pay the difference from what I would have paid!

Denise

Avatar for bradleyteach
iVillage Member
Registered: 06-29-2001
Mon, 08-06-2007 - 7:33pm

Kayleigh's allowance is minimal, having turned 12 she's moving from $2 to $3 a week.

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iVillage Member
Registered: 01-02-2006
Mon, 08-06-2007 - 9:19pm
I pay half of their age every week (i.e. Veronica is 10, so she gets $5/week).
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iVillage Member
Registered: 07-24-2007
Mon, 08-06-2007 - 9:52pm
We do our different than most people. Each child gets $5 in quarters at the beginning of the week. Then they have a chance to either lose the money or gain $5 more dollars as the week goes on. The way they gain or lose is based on homework, behavior at school, behavoir at home, chores etc. We have it set up so each child has to really focus on their individual weaknesses. For instance, my 7 year has a very difficult time keeping quite in school, but never throws fits at home. On the other hand, my 9 year is an angel at school but loves to argue with us. Therefore, they can both lose money for not behaving at school and for arguing with us, however, in reality only one will lose it for each. At the end of the week, we turn the quarters into dollars and that is what they get. They spend it on all of the extras they want -- candy, gum, teeny bopper magazines etc. We buy their clothes and pay for any trips they go on, etc.
iVillage Member
Registered: 09-01-2006
Mon, 08-06-2007 - 10:22pm

Hello twowildo4me. My name is Caroline. I'm one of the community leaders here. It's good to have ya and please make yourself at home.


Our dd is almost 13. She gets 12 dollars a week, if I remember to give it to her. She doesn't do anything for the $. She's expected to do certain things just because she's part of the family.

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iVillage Member
Registered: 09-01-2006
Mon, 08-06-2007 - 10:24pm
forgot to add - that i pay for movies and activities too.





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