Wednesday Wondering.....
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Wednesday Wondering.....
| Wed, 04-11-2007 - 8:00am |
~*~ Wednesday Wondering ~*~
Does your 10-14 yr old receive an allowance? If so how much do they get a week?
Do they have a savings account and are they required to put money in there regularly?
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Kayleigh gets a small allowance, $2 a week, will be $3 after her birthday.
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Oh...squirm..wiggle..um..no, we're not really good at paying our kids on a regular basis! We basically cover their needs, leaving them wanting just a lil bit more. Of course I'll occasionally toss em each a $20 about once a month but since I'm not regular about it they actually are pretty good hoarders! LOL! They never know when they'll get more! We DO pay for grades because we see school as their job, or main responsibility. $10 for A's, $5 for B's and only for main classes, not ceramics! LOL! Double the rate for honor's/AP classes because they require more work. I actually was better at allowances when they were younger, but now if they want money I tell em to get out and get a job! LOL! They both babysit, he does yardwork for others, they dogsit...etc... I like that they're earning thier own money now and it makes them realize how hard it is to come by. I know some base allowance on chores, and yes we did that..but now they are just expected to help out no matter what because they're part of the family! I think because we live in the boondocks there really aren't any places to casually spend money (the mall or movies) so it's not so big an issue!
Denise
Linda
mom to
Alex (16), Rachel (14), Matthew (12)
Your bank doesn't offer free for minors?
I just checked both our banks and both waive the fees for under 18s. One waives the fees for senior citizens, too. One bank offers interest for minors no matter what the average balance to promote good financial skills.
Alysha
If all chores are completed she gets $7 a week.
As for a savings, yes she has one, but she really isn't required to regularly put money in it!
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Linda
mom to
Alex (16), Rachel (14), Matthew (12)
Linda
mom to
Alex (16), Rachel (14), Matthew (12)
My kids are expected to do their responsiblities as part of our family, they are not paid for them, they just do them.
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