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Should I Give my Child an Allowance?

Should children be given allowances? At what age, how much, and what for?



Member advice on Should I Give my Child an Allowance? View all
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by cntaur5
Jul 11 '01 Oh! Mommy, can I have this please!”
Whether you give them an allowance or not, they eventually will get one, only its not called an allowance but a paycheck. ... read full review
Very Helpful

by colleenmf
May 07 '01 An Allowance Can Teach Money Management Skills
Yes, if the family budget can afford it, how else will children learn to manage money if they don't practice?... read full review
Very Helpful

by khahn86351
Jun 22 '01 Teaching your child RESPONSIBILITY
Allowance may help your child learn about money and responsibility, but you need to do what works for you and your child.... read full review
Very Helpful

by mrsditmer
May 16 '02 The Allowance Debate continues.....
I recommend starting allowances when they ask for it. Then sit down with them and discuss what chores are and the amount they CAN earn. ... read full review
Very Helpful

by Mom2TyZick
Oct 02 '01 How to Make a Banker
Go ahead, but set some ground rules.... read full review
Very Helpful

by LILvoyce
May 05 '01 What Allowances Do I Make For My Kids?
I feel that allowances should be made and lessons should be taught along the way.... read full review
Very Helpful

by AliventiAsylum
Dec 14 '00 The Value of a Dollar
-----... read full review
Very Helpful

by lonelyladyk
May 03 '01 I want this,,,I want that,,,,give me,,,,give me,,,,give me
There are benefits to giving a child an allowance, as long as you go about it the right way.... read full review
Very Helpful

by LisaDo
Nov 21 '00 Should they have to earn it?
... read full review
Very Helpful

by amykhar
Jun 21 '01 In a Perfect World, The Answer is Yes
Allowances help teach children about money management. The sad truth is, sometimes life teaches them better.... read full review
Very Helpful

by ned1
May 21 '01 Make them Pay You!!
A helpful tool to teach lessons about money and what happens to money when you don't do your job.... read full review
Very Helpful

by sweetcece
Apr 24 '01 My Thoughts on Children's Allowances & Its Relationship to Household Chores
An allowance should not be linked to a child's chores, but should be based on a child's age for compensation.... read full review
Very Helpful

by CindyJean
Sep 21 '00 Should I Give my Child an Allowance?
My children will never have an allowance, but I have my reasons for that. ... read full review
Very Helpful

by jeanniekerns
Oct 22 '00 Doesn't Always Have To Be Money
... read full review
Very Helpful

by diemrae
Feb 26 '00 The Money Chart....
... read full review
Very Helpful
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