Kis and Allowance.

An allowance at age 5??? I wish I had parents like you. I was so glad to find a bright shinny penny on the sidewalk when I was little. Really what is she going to use it for right now. I think the best thing for you to do is continue to give her change. She will get older and if you intend for her to be saving the money you don't want to give her bills to spend. She would be less apt to walk into a store to buy some junk she doesn't need with change. space out all the change you give her and give it to her when she does something right. I think when I was five the greatest joy in the world was hearing the clinking sound of dropping another coin in the piggy bank.

Thirty dollars? I didn't get thay until I was 16! LOL I was thinking more along the lines of 50 cents. I'm 26, but maybe I'm old school.

I have three children so I know this all too well. At the age of 5 they had been cleaning there rooms for 2 years, and helping me before that. For age 5 I would say no more than $5.00 a week but thats a little high. I would make her clean her room for it, and take her dirty clothes to the laundry room. I would also make her wash the kitchen table for the money. My youngest is 7. The day after he turned 7 he was my last one to teach to do laundry. Each of my kids do, their own laundry. (Well right now they aren't, are washer broke, but we are getting a new one this week.) They each earn an allowance of $5.00 per week. They have other chores now that they are older than 5 but they each have to help around the house. I believe as parents we have to teach them everything, they will need to know as an adult. So we have to teach them how to do everyday things like picking up and cleaning. I think it is also good to reward them, for doing those things. It teaches them how to budget their money and save to buy the extra things we won't buy them. Congradulations of taking in the reins to make sure she isn't so spoiled that she don't know how to take care of herself when she is an adult.

I had my daughter "work" for her allowance. She started at 5 years old and it was a dollar then. That was 20 years ago. She did not do her chores, she did not get her allowance.

I'm pretty sure my alowance at that age was 5 cents one whoe nickel, to spend however I wanted the one thing that was lacking was gum, since my Mom would not allow it, so thats what was bought with it then I would dip that gum in sugar cuz it "does lose its flavor on the bedpost overnight" my sis was only 3 , she only got 3 cents, so not enough for gum, she had to scrape it off the sidewalk, I saw her do that

i don't remember getting an allowance at age 5.. but when i did get one,i had all kinds of chores to do for it. i never got more than $20 a month,really. i can't picture a five year old needing much more than that.

i don't get any allowance at all when i am only five years old... i don't think a child that young needs to have money as the parents still pay for all their needs... i start to get mine when i am in grade 3 and my parents teach me how to save the money to buy the things that i want...

I think in order to receive a allowance you have to earn it and work for it. We had to do chores around the house and be good all week. If we got an attitude or threw a fit there went our allowance. We didn't get a second chance to earn it back.

A little responsibility, like picking up her toys before bed or making her bed in the morning wouldnt hurt. However, I guess in these inflationary days 4 shiny quarters should be enough and let her put it in her bank for safe keeping.

In my experience with my daughter at age 5, I gave her a dollar a week. She cleaned her toys up in her room and I gave her little things to do to help her understand that she has to work for her allowance. It sets the groundwork to showing them responsibility and the value of money. Now she gets $5 a week to go skating on Friday night to do her chores. This summer she has agreed to volunteer at the thrift store here at Ft. Bragg, and I will pay her $10 a week, to do her chores at home and volunteer at the store during the summer. My daughter is an only child and she has been spoiled but she also understands what our expectations of her are because we started her off at about the age your daughter is.

My children get their allowances based on their school work since I consider that to be their jobs. My eight almost nine year old gets ten dollars a week for making sure that all her school work is done and that she is maintaining her good grades. My seven year old son gets seven dollars and fifty cents. My five year old gets a couple of dollars. He doesn't have homework or grades but we wanted him to know that we think what he does in school is important also. My children can earn extra money by doing extra chores that they don't normally have to do. We will give them fifty cents up to a dollar depending on what the job is.

I have always paid my child their age. ANd YES she should be doing chores to earn it. At our house we have chore sticks. Each stick is worth .50. So they can do as little or as much as they want. We have things like pick up toys in one room. dust base boards (my youngest is very good at this and it saves me from running aound on my knees for 30 min) we also have run the sweeper, unload the dishwasher. They are written on the sticks. They also have to keep track of their own sticks. They really like tha stick plan! Good luck and I think 5 is a great age to start!

I think in order to receive a allowance you have to earn it and work for it. We had to do chores around the house and be good all week. If we got an attitude or threw a fit there went our allowance. We didn't get a second chance to earn it back. We had to make our beds everyday, keep our rooms clean and pick up all toys, shoes, clothes that were not where they belonged. We got to help clean everything too. We vaccumed, cleaned the table, washed the dishes (yes all of this we were doing at 5) and when we were that young we thought it was fun time with mom. lol Now we know better. I had to learn to fold clothes and that was one of my chores..to help them fold the clothes and take them to whoevers room they belonged in. Hope that helps some. Also we never got over $20 a month.

give her both, allowance and change/ but definitely have a savings account with a lock on it till she turns a older age in the long run it will be good when she gets older and is maybe low on cash oneday she can get this cash that you and her have been saving since she was 5/ I dont know its up to you/ i wish my family had helped me save more money/

I think starting her off on doing chores won't hurt because that way she'll know that she has to earn her money and it doesn't come for free. I think $5 a week will work and you can increase it as older as she gets.

I don't think just because a child cleans their room that they should get an allowance. I mean cleaning is a duty that has to be done with or without an allowance. My daughter is 4 years old and she has to keep her own room clean and she even has to put her own laundry away. Of course I wash and dry her clothes, but it's her part to put away. And I do not give her an allowance for it. I just don't think that is right. I mean that is stuff that should be done no matter what, right? Now, we have talked about giving our daughter something like an allowance, like if she wants to do extra stuff around the house like help out with her brother, or just do extra things, then we have talked about maybe giving her some money and having her go and buy something special for her self or save the money up, whatever she wants, but nothing like an allowence every week. I just think cleaning her room and putting her laundry away is her part and I shouldn't have to brive her with money just to get her to do it. What if I don't have the money that week or something. I just don't want her thinking she will only clean if we have money to give her.. So I would think long and hard on this one.

At 5, it still depends a bit on what types of things the kid wants to buy themselves. If they want to get a candy bar when you go to the store or something, it's different from if they want to be able to buy a pack of pokemon cards that cost $5. I would think $1 in quarters would be reasonable, if they will have something they can use it for each week. We didn't start allowances with my stepkids (cause they weren't here much) until they were in grade school. Then they got $1 for each year in school. But they only had 2 or 3 opportunities each week with us to spend it. If you can afford more, go ahead, but don't make her "rich." If you want to give more, try to have her put half into savings or something.

I don't have a kid but I do have nieces. Keeshia is six, but she doesn't think money is of much importance in her life, which I think is good for her age. She doesn't ask for money, even once. She asks for food and would sweetly ask me to buy her stuff but never money. I don't think it's advisable for kids to get used to be given money all the time especially if there's a chore that is required foe them to do to get their money. I guess, they'll grow up thinking that they'll only do a chore if they'll be given money in return. But I do plan to teach my nieces the value of money (earning and saving it) when she's old enough to understand, let's say 8-10 years old. I was fascinated by one of the characters in Jeffrey Archer's book, William Kane. When he was still a kid, his Grandma gave him a ledger and made him held accountable for his own allowance (all his expenses were accounted for!). In the end, he turned out to be a good banker and a real money-maker. I think I'll do the same to my nieces, and future kids, a form of good discipline. :D