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Thread: Allowances

  1. #1
    sea witch thalassa's Avatar
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    Allowances

    Yes? No? How much? What age?
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    Re: Allowances

    Monetary rewards, yes; Allowances, no.

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    sea witch thalassa's Avatar
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    Re: Allowances

    Quote Originally Posted by DragonsFriend View Post
    Monetary rewards, yes; Allowances, no.
    IMO, two words describing the same thing--giving kids money as a reward.
    “You have never answered but you did not need to. If I stand at the ocean I can hear you with your thousand voices. Sometimes you shout, hilarious laughter that taunts all questions. Other nights you are silent as death, a mirror in which the stars show themselves. Then I think you want to tell me something, but you never do. Of course I know I have written letters to no-one. But what if I find a trident tomorrow?" ~~Letters to Poseidon, Cees Nooteboom

    “We still carry this primal relationship to the Earth within our consciousness, even if we have long forgotten it. It is a primal recognition of the wonder, beauty, and divine nature of the Earth. It is a felt reverence for all that exists. Once we bring this foundational quality into our consciousness, we will be able to respond to our present man-made crisis from a place of balance, in which our actions will be grounded in an attitude of respect for all of life. This is the nature of real sustainability.”
    ~~Llewellyn Vaughan-Lee

    "We are the offspring of history, and must establish our own paths in this most diverse and interesting of conceivable universes--one indifferent to our suffering, and therefore offering us maximal freedom to thrive, or to fail, in our own chosen way."
    ~~Stephen Jay Gould, Wonderful Life: The Burgess Shale and the Nature of History

    "Humans are not rational creatures. Now, logic and rationality are very helpful tools, but there’s also a place for embracing our subjectivity and thinking symbolically. Sometimes what our so-called higher thinking can’t or won’t see, our older, more primitive intuition will." John Beckett

    Pagan Devotionals, because the wind and the rain is our Bible

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    Re: Allowances

    In my world rewards com from doing more than asked, while allowances are money for just being. Earning money is much healthier than gifts of money.

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    lady sings the blues DanieMarie's Avatar
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    Re: Allowances

    I'll dish out some money for chores when they're younger, but when they're around 12 or so, I'll do what my parents did at that age. Make them write out a budget of their needs (including clothing for the year, school supplies, personal care products, going out with friends, etc), and then show them how to divide up the occasional costs into monthly costs. Then, I'll give them an allowance based on those costs, and they will have to buy everything themselves with that money. Clothes, shoes, school supplies, shampoo...everything. If they run out before the end of the month, too bad (unless it's something like toothpaste...then I might be a little easier on them). I know it sounds kind of insane, but this is how I learned about money, and I'm REALLY good with money now.

    As for amount, I can't say. Even if I had kids tomorrow, the cost of inflation would greatly affect the cost of their expenses and it's hard to say where inflation will take us in 13-15 years.

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    Copper Member Briton's Avatar
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    Re: Allowances

    I'm not a parent yet, so really I am idealizing, but before they're old enough to work, they will need you to pay for things for them. You may as well teach them to be responsible for money, so if there is an allowance based on what they need, it only comes when they've done certain things, ie chores or done their homework/assignments etc.
    I'm not one to ever pray for mercy
    Or to wish on pennies in the fountain or the shrine
    But that day you know I left my money
    And I thought of you only
    All that copper glowing fine

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    Apprentice of Doom Shahaku's Avatar
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    Re: Allowances

    Yes. Giving kids money for doing their required chores can backfire. If/then money can teach them that everything they do deserves to be rewarded or some such. It decreases generosity. Doing things just because. A lot of what I've read says to give your kids an allowance so they learn about money, but keep that separate from the things they have to do, just because they have to be done, like chores. How much? I agree with Danie, whatever I would be dishing out anyway to pay for their needs, plus a little for spending/socializing. And pre/early teens.
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    lady sings the blues DanieMarie's Avatar
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    Re: Allowances

    Quote Originally Posted by Shahaku View Post
    Yes. Giving kids money for doing their required chores can backfire. If/then money can teach them that everything they do deserves to be rewarded or some such. It decreases generosity. Doing things just because. A lot of what I've read says to give your kids an allowance so they learn about money, but keep that separate from the things they have to do, just because they have to be done, like chores. How much? I agree with Danie, whatever I would be dishing out anyway to pay for their needs, plus a little for spending/socializing. And pre/early teens.
    Agreed. I think it's ok for a few special chores, but I don't like the idea of tying all chores (or even most of them) to money. My boyfriend also brought up a good point once that no one pays you to do housework when you're an adult, so it's best that they just learn that it's something that has to get done.

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    Sr. Member Herbert's Avatar
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    Re: Allowances

    I'm a teenager, which means I'm likely biased, but modern grading systems often allow for week by week grading reports, in each individual class (the system my school uses, oddly enough, is named ISIS), so why not base allowance on that? A dollar per weekly A, three quarters per weekly B, two quarters per C, and a quarter per D (or more, or less, or whatever)? It would provide tangible rewards for just going, after all (and being payed, even minuscule amounts, to go to school, generally leads to grade increases, when school systems implemented it).

    I mean, some people think that being payed to go to school (in this case, in lieu of an allowance) teaches the wrong thing, but people don't work for free in the real world (and it certainly is work, at least for someone still developing).

  10. #10
    lady sings the blues DanieMarie's Avatar
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    Re: Allowances

    I really wouldn't. My parents never did, because in college no one is going to pay you for good academic performance, and in most cases in real life, no one is going to pay you any more for outstanding work performance (at least not immediately....you might get a promotion or a good year-end bonus, though). Also, they wanted me to get good grades for myself and not for the cash. As I am slowly morphing into my parents as I get older, I totally agree with them.

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