I had a chore sheet. If I did allll my chores, I could "earn" up to 50c per week.
Parents, don't do this to your kids. It mostly teaches them that A) you do chores for a reward, instead of because they need to be done, and B) that the rewards for hard work are negligible. Either just get them to do their chores normally, or offer a reward that can buy more than one can of soda per week. - well, actually, I couldn't buy the can of soda without saving up for a couple of weeks? Cause I was expected to tithe out of that.
$5 at 5, $10 at 10, $15 at 15, $20 at 16... lump sum of $3k lump sum I didn't know I had at 17. For 6 week report cards $5 per A, $3 per B, -$1 for a C, nullify everything for anything less. All A's = $30 bonus, All B's+ = $15 bonus.
I swear to you I mapped my finances out when I was young. I saved up and bought a red power ranger action figure, figured out it was lame AF... started saving and bought a few anoles. After awhile I decided I wanted a snake, so I saved up for a few years and bought myself a ball python (Patches) and pimped out his terrarium. Having to visit my dad and leave my snake with my mom for summers totally screwed that over though. I cared for that snake like most people do a dog and she basically poisoned her. Still salty.
Anyway... my point was, giving children some money to play with, especially if they earn it isn't a bad thing... it can teach them some valuable lessons and will probably save you from countless begging fits/tantrums.
also have to add on after reading below (not enough space for an edit)... I had a shit ton of chores to do earning that money, and my chore load increased at each interval. By the time I was 17 I ran the whole damn house.
Parents, don't do this to your kids. It mostly teaches them that A) you do chores for a reward, instead of because they need to be done, and B) that the rewards for hard work are negligible. Either just get them to do their chores normally, or offer a reward that can buy more than one can of soda per week. - well, actually, I couldn't buy the can of soda without saving up for a couple of weeks? Cause I was expected to tithe out of that.
I swear to you I mapped my finances out when I was young. I saved up and bought a red power ranger action figure, figured out it was lame AF... started saving and bought a few anoles. After awhile I decided I wanted a snake, so I saved up for a few years and bought myself a ball python (Patches) and pimped out his terrarium. Having to visit my dad and leave my snake with my mom for summers totally screwed that over though. I cared for that snake like most people do a dog and she basically poisoned her. Still salty.
Anyway... my point was, giving children some money to play with, especially if they earn it isn't a bad thing... it can teach them some valuable lessons and will probably save you from countless begging fits/tantrums.