So, after 10 years, I am finally starting to figure out this parenting thing a little bit. One of the areas that we have tried and failed a dozen times is how to payour children. Should we give allowance? Should we pay for chores? Should they just have to help because they are part of the family? We have tried so many different ideas, and none of them seemed to work. Organization and consistency have been huge problems in the past.
My philosophy is that children should have the responsibility of handling money. It is a real world skill that will be invaluable to learn as they get older. Earning money affords them the opportunity to learn to pay tithing and understand the blessings that tithing brings. It teaches them to start saving for important things like missions and college. And it teaches them that we all have to make difficult choices about what is most important. So, it was never a question that we needed a way for them to make money. But how?
I have always felt like giving kids an allowance for doing nothing but breathing was counterproductive. What does that teach? That just breathing/existing is reason enough to be paid. That is not the situation they are going to encounter for the rest of their life, so why engrain that idea in them when they are young. That being said, my best laid plans to pay for chores has been thwarted many, many times. To be honest, most of it has been my fault. I haven't had a good system to keep track of what they earn, and every time they ask for a job to earn money, my mind goes completely blank and I have no ideas. It wasn't working, and we got to the point that we actually tried the allowance thing for a while. Finally, we have a come up with a solution that has worked so well. Here are the basics of our Kid's Money Plan for any one who might be struggling like we were.
1. There are a handful of chores that must be done each day simply because the kids are members of our family and need to take responsibility for their own activities and belongings. These include: Cleaning Bedroom, Making Beds, Practicing the Piano, and Completing all Homework. As they get older, these chores may increase or change.
2. After these basic chores are done, the children can do as many chores as they would like for money. I typed up these "Jobs for Pay," laminated them, and put them on a key ring. On each card is the chore, how much it is worth, and all of the specific things that need to be done in order to receive the pay. For example:
Set Table
$0.25/meal
Please set each place with:
Plates or Bowls
Silverware
Cups
Condiments/Needed items
Other jobs for pay include: Clear table, Empty dishwasher, Garbages, Clean Car, Dusting, Sweep/Mop, Clean Bathrooms, Weed flowerbeds, Wash Windows, Etc.
When the chore is done, the child marks it on their Chart (hanging on the refrigerator) and gets a parent's initials to indicate that the job was done correctly. Their chart includes: Date, Job, Money Owed, Approval, and a box to mark when it has been paid. The child is solely responsible for marking their money on the chart. The beauty of the Pay Chart is that I can pay them when I want to. We usually try to do it on Monday nights during Family Home Evening, but if we miss a week, I still know exactly what needs to still be paid. The kids have the opportunity to make a lot of money if they want to, but since it is optional, they don't feel bitter about doing the jobs. It has worked well for us so far.
One last thing about the money issue. We have also had many debates on how much or how little we control the kid's spending. Do we let them spend their money on "dumb" things and waste it, or Do we tightly control what they can or cannot buy and insist on them saving some? The agreement that we have finally settled on and feel good about is this order:
1. Tithing (10%)
2. Savings (50% of remaining)
3. Free Money
Since we require the kids to save such a large percentage of their money, we allow them to spend their free money on whatever they want (even if they already have more Pokemon cards than they can count :) This keeps them happy because we aren't nagging them about their purchases, and we are happy because we know that they are saving money for later. Again, as they get older, we may need to re-evaluate the percentages, but right now it is working.
PRIMARY PUNCH
Although it was made originally for Primary, we have also used it for Family Home Evening with great success. Andrew prepared his own lesson using the Punchboard and was so excited to teach us all. So I consider it a parenting win also!
FORT KIT

1 comment:
Oooh, the allowance thing is hard! We're not to that point yet, since our three year old barely knows that money exists, but it's already something Dave and I have talked about. I am VERY pro-money giving so that those important skills are learned early; I'm also VERY pro-"you belong to this family and therefore you share the workload in the house." Having specific, non-standard jobs available as a way to earn extra money is a great idea. I'll have to file your post away for when we get to that point :)
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