When to start allowance.
By MrsWickham1
@MrsWickham1 (464)
United States
May 14, 2007 1:07pm CST
I was talking to my husband about the best age to start our daughter on an allowance. I think that once she is able to take some kind of responsibility she should get and allowance. I do not think that it has to directly coincide with doing chores, but her overall behavior. I was think 5 years old is a good age. As well we would have two different jars for her to put her money in. One is savings and one is spending money. Our bank is not a traditional bank so we do everything online. So when she puts money in the savings jar we will deposit the money from our accounts into hers. I think that it is important to start smart money usage early. How about you?
1 person likes this
1 response
@Gorgeous24 (1091)
• United States
15 May 07
My daughter is 4yrs old, she just started getting an allowance from her father & I because we were having a hard time getting her to clean her room so we just deciced to pay her $2.00 if she would clean her room. It worked within an hour her whole entire room was spotless, I was so proud of her. She felt like a big girl when she put her money in her piggybank. So yes I do agree children should get some type of allowance to show them how to handle money so when they get older they have knowledge as to how it should be spent.
@MrsWickham1 (464)
• United States
15 May 07
That is perfect to me. I mean some parenst feel that giving allowance for chores is bad, because they should do their chores without " bribery" persay. To me I think it shows that you earn what you work for. Thanks for your response.
