Allowance for kids

Teaching your children how to give, save and spend money all starts with an allowance. But at what age should you start giving? And how much?

I was generally against the conccept of allowance. I wanted my kids to earn money rather than just have it be given to them. Here's why we decided to give our kids allowance that's not tied to chores. Complete with details on when and how much we pay them.

It's a tough question that I struggled with for a long time. Here are my thoughts on giving kids allowance and how I went about doing it.

Let your kids help lighten your load & help alleviate stress in your life by giving them age-appropriate chores sorted by age!

10 Benefits of Giving Kids an Allowance - Homey App for Families

Allowance system for kids - I always wonder, should kids get an allowance? I love how this woman breaks down the pros and cons of giving a child an allowance, and how you can anchor your allowance system for kids and teens around teaching kids about money. Kids and money is something super important for us, and this article gives us ideas for allowance amounts by age. #kidsandmoney #teachingmoney #choresforkids

Research shows that giving kids an allowance is beneficial, but it must be set up correctly. Here are 9 mistakes to avoid when giving kids an allowance.

It's a topic that is debated quite frequently around the mom and family blogosphere. Some people are in the camp that doing chores and household tasks is part of being in the family and therefore don't require compensation. Others believe school is a child's "job" and household chores count as extra work. Then there are beliefs all over in between with every type of combination you could imagine.

Through an allowance, you can teach your child the value of a dollar and to be fiscally responsible. However, before beginning an allowance program, you may first want to determine which scenarios warrant a payment.