Parents should not give their kids a monthly/weekly allowance unless they earn it. amirite?

Damn straight! You want moolah? You scratch the barnacles of daddys back! /s

by Brilliant-Edge3217 1 day ago

Why? I mean, you buy your children things all the time, right? Treats, toys, days out, etc? What's the difference between doing that and giving them money that allows them to make their own decisions? My son gets a small amount of money a week which he is told is for spending on himself. However, we have taught him that if he saves his money, he can buy bigger things. He usually saves about £50 over several months and buys a nintendo switch game. That, to me, teaches him early how to be responsible with money. Last time he saved £50 he spent it all on a present for mummy. So, hes also learning how to gain satisfaction from being kind to others. What real life consequence or downside am I missing? He helps around the house, does the laundry, cleans the stairs (bearing in mind hes only 7). He knows mummy and daddy go to work to earn money, and he is always asking to help so we can all earn more. Maybe this is something we will switch up when he gets older.

by Anonymous 1 day ago

My heart just melted when I read that he saved up money to buy you a gift 😭🥺💕

by Anonymous 1 day ago

It's not every day I see a user using the praat icon out of all things as their pfp

by Anonymous 1 day ago

It's one of those so bad it's good icons

by Anonymous 1 day ago

Because teaching the idea that doing chores has positive effects is probably a good idea, so that they will take care of their home when they are out on their own.

by Anonymous 1 day ago

It's probably also a good idea to teach kids that they shouldn't expect rewards just for taking responsibility.

by jameyjaskolski 1 day ago

See the problem with just giving an allowance is that they might learn to expect free money without doing anything to earn it. I think it's fine to say have some chores that they have to do either way, but have bonus chores that they get paid to do. That would simulate having an employment instead of simulating free handouts.

by Anonymous 1 day ago

Or they won't because now they don't get any money for it. You should teach them to do the chores because the reward is having a clean and tidy home that you feel comfy in. Allowances is for teaching how to handle money You get a regular income and can use it how you want. If you save it, you can buy something bigger for yourself, if you spend it all it's gone.

by Anonymous 1 day ago

I think ideally there are chores the kid does all the time but there are extra chores that they can offer to do for extra money. The problem with just giving the money with no strings attached is that the idea of earning the money is a good one. Just getting it for nothing is kinda weird.

by Anonymous 1 day ago

If they are taught you only do household tasks if you get paid then this leads to just as many problems as just giving them money without strings attached.

by Anonymous 1 day ago

They do work close to a full time job with school. I think it's important that kids are in charge of their own money. It teaches them budgeting.

by Turcotteeleanor 1 day ago

Umm, did the child come to your dream and asked to be born? It was your decision, let him/her have a good life or just don't have children. They are not pets you train using treats.

by Anonymous 1 day ago

Kids kinda are pets that you train until a certain age

by Anonymous 1 day ago

That is not the point. The point is the pet would have existed even if the human did not. But when you have a child, you are consciously bringing a fully sentient being into this world without their will. In case you have qualms about stuff like making them work for paying pocket money or kicking them out when they turn 18, just don't have kids. They did not ask to be in this world that works on the scam concept of wealth and money.

by Anonymous 1 day ago

The only difference between a kid and pet is the pet isn't expected to start making decisions for itself. Do you think kids magically are born with a knowledge on how to do everything? No they are trained in the exact same way we train dogs.

by Anonymous 1 day ago

Stick to using /S if that was supposed to be sarcasm, it's way beyond you otherwise.

by Anonymous 1 day ago

I never got allowance at all and I was cool with it if I really wanted something and my parents didn't wanna get me it then they'll give me jobs around the house and pay me for them

by Anonymous 1 day ago

Y'all got paid for chores? That was just an expectation. Parents provided food, shelter, etc. and I just needed to help keep the house clean. Specially during summer break. The daily todo list, lol. Would've been nice to have some pocket change, but I didn't really go out so 🤷

by amiya52 1 day ago

You know you can just hire a maid if you really don't want your kids to have any sort of anything from you.,.

by EntrepreneurHot 1 day ago

It is a weird idea that kids do not do any work at all and getting any money is just entitlement. Most kids go to school, do homework and exam revision. That probably takes most of the time that adults spend at work, but still getting a small fraction of the pay is not earned?

by erika76 1 day ago

Don't have to give them cash. Can get a kids bank account at 12 and an independent bank account with a debit card at 14

by Anonymous 1 day ago

thats the plan more or less 😊

by Frequent_Wishbone_37 1 day ago

I think dealing with cash gives a good lesson in the feeling of actually spending money. You are physically giving up currency to receive an item. It's a whole lot more tangible than some numbers on a screen for some kids.

by Anonymous 1 day ago

Getting an allowance and learning healthy financial habits are not mutually exclusive.

by Anonymous 1 day ago

I wonder if the OP is from the US...

by Anonymous 1 day ago

Don't forget to charge tax on your kid's allowance too and take 20 percent off,

by Anonymous 1 day ago

It's crazy thinking anyone should be able to tell another family how handle their finances and kids

by Anonymous 1 day ago

Money is earned for the working class*

by Ready-Intention 1 day ago

If kids in context have nothing better to do. I guess so? Although in my country, Not only we mostly spending times in school for 8-9 hours per day, Lunches are not free and many necessities are costly too. I wouldn't expect kids to came back from school and do some more chores or anything to earn money just to make them understand it's value. Even if they came back early like how school system in the west do. These allowance allows kids to understand it's value better. Making plan to make a due till next paychecks, Save for necessities or their own reward. Above all, The luxury of having steady incomes for grant like this. What they could do to achieve this privilege? Because at the end of it, They would eventually have to work anyway to gain those bucks. No point to push idea to kids so soon.

by Anonymous 1 day ago

Don't worry about what people are doing with their kids it doesn't affect you in any way. Not your money, not your kid, not your problem

by Anonymous 1 day ago

My kids get £20 a month from us (plus lunch money during term-time). They can spend this on crap if they want to, or they can pool it with any money they get at birthdays and Christmas and buy themselves big-ticket items if they'd prefer. This way, they learn a bit about money - know what it is, but also learn that it's not an infinite supply and they need to budget.

by Anonymous 1 day ago

If kids get money for nothing, they'll just expect it forever and never learn how the real world works

by Anonymous 1 day ago

bro it's like saying that if they get candies at halloween they are gonna be dependent from sugar forever and get diabetes

by Anonymous 1 day ago

Ah yes, my parents fed me and housed me until I was 10 without expecting anything in return and now I'm homeless and hungry because they told me to ‘find a job and earn my money' but I never learned what that means

by Left_Lie 1 day ago

Yeah we only started getting money when we started doing chores and even then it was only £2 a week which we used to treat ourselves to a bar of chocolate or something. I don't think this is necessarily an unpopular opinion

by Anonymous 1 day ago

Definitely a white thing. Yall get allowances? They really getting ready for that inheritance money life huh?

by Anonymous 1 day ago

Allowances are a good way to learn about money. My parents gave me an allowance, and I had to choose if I wanted to buy candy for the weekend, or if I wanted to save it to buy something bigger. You learn that you can't get everything, and that you don't have infinite amounts of money.

by TrifleAccording 1 day ago

It's how we buy their love and respect. How else are we gonna bond?

by Anonymous 1 day ago

5 pound a week until I started working at 13 definitely wasn't setting me up for the inheritance money

by Anonymous 1 day ago

I'm in my 20s. When I was a kid, I used to get £1 a week, which was just so I could get a treat after school on a Friday. I find allowances a bit funny. You're a kid - convince your parents you have a good spending idea, and they'll say yes.

by Anonymous 1 day ago

lmao

by Anonymous 1 day ago

I definitely do this with my kids. They all have chore charts and each chore is worth 50 cents -$1 each and at the end of the week I give them whatever they have earned. They also have the option to roll the amount over to the next week if they are saving it up for something.

by TemporaryFancy 1 day ago

All fun and games until your 5 year old hands you $2 for you to clean up their room

by Anonymous 1 day ago

This is way too much to be effective; developmentally or time-wise. Just say you like being a micromanager and since you fail at it in the workplace, you brought it home to your kids.

by Agile-Minimum 1 day ago