How and Why to Give Kids an Allowance

coins-in-handThe days of paper routes are over, yet the market is flooded with gadgets and games kids insist they must have in order to simply exist. It’s a tough parenting world today. We want to teach our kids responsibility, work ethic and long term gratification. These values can be modeled, and they can also be instilled in the younger child. Once your child is eight or nine years old, it’s time to start.

Ground Rules

One of the ways to instill these values is through having your child earn an allowance. It’s a wide range here, given the huge maturity differences between eight year olds and fifteen year olds. Some basic pointers on establishing the ground rules and expectations for an allowance follow.

  • Select what works for your family and good luck!
  • Work together with your child to establish the the rules and expectations.
  • Decide on what chores will need to be completed and what the payment will be.
  • Will this happen on a monthly basis or weekly?
  • Can the child accomplish part of the list and receive partial payment?

The more you engage your child in this process, the greater sense of ownership they’ll have. If they suggest they don’t want to work for an allowance, that’s fine too. Just let them know they won’t be receiving any discretionary spending money each week. That may eventually begin to burn!

Quality control

Will you ensure that the chores are completed to the best of our child’s ability in a timely manner or will you ask your child to check behind himself? Remember, this is a learning process and won’t necessarily go smoothly out of the gate. Work together to look at the final product. This will reinforce the value of responsibility and pride in one’s work. It’s a slow lesson to learn and trait to develop, but you will be giving them a gift that will last longer than any of the latest must have gadgets on the market.

Encourage your child to set short and long term goals with the allowance he receives. Setting aside a portion of the allowance each week might result in a trip to the Disney Store for a favorite toy or figurine. A short term reward might be a trip to the ice cream shop. Encourage, empower and reward your child throughout the process. Establishing the foundations for an allowance will help develop the values of responsibility, work ethic and long term gratification that are so critical in all aspects of life. Good luck!