This post has been brewing in my mind for A LONG time now. I pinned a post about kids receiving an allowance a long time ago, and that post has been repined more than any other pin I’ve ever pinned. It is filled with many VALID points. I’m not going to say that this author is entirely wrong for wanting to give her kids an allowance. However, I wasn’t raised up getting an allowance, and it never harmed me. The lack of a contribution also didn’t cause me to NOT do my chores.
The first thing she pointed out was that kids should earn an allowance to learn how to spend money properly. I think all kids should know the value of money and how hard it is actually to make a pretty penny. Hence, why our children are taught how to manage money in a checking account and are able to figure pretty much out what they have to make in order to get the things they long for.If you agree with our logic at all, please pin this image. Thank you.
They EARN a Paycheck
My kids make money for doing things BEYOND their routine chores. For an example, if they decide to help their grandparents do things for the company business or they decide to be my virtual assistants, things that I consider to be REAL actual jobs, then they will get paid an HOURLY wage for the work they do. If they goof off, then they don’t get a dime from me. I have literally FIRED my kids from working with me for months on end. They MISSED their jobs and their paychecks so much they BEGGED me to rehire them.
Since they are earning their “own paychecks” (I use that term very loosely because we are not child labors, even though it may sound that way!), they have the ability to earn the things they want to buy. I don’t have to worry about going over our budget or spending money that wasn’t planned on to give them a luxury item they may want. They are in no way forced to work for the family companies. They have the OPTION to do it for extra spending money to spend as they choose.
They Live Here Too
A big part of the reason why I don’t give them an allowance for doing chores around the house is because THEY HELP MAKE THE MESS! They live in our home just as much as everyone else does. They use the clothes that need cleaning. They eat the food that needs to be cooked. They use the dishes that need cleaning. They need to understand that those things don’t get cooked or cleaned on their own. When they get their own homes, I want them to know how to do these things! I want them to care about maintaining a home worth living in.
Skills for Living
It also gives them many other skills too. They learn the value of honoring their parents by doing things knowing they aren’t getting anything in return except for a thank you. They are learning to serve others. (Which a successful business person will tell you, when you learn to serve others first then your business will grow by leaps and bounds!) They also learn the value of teamwork because when they view ALL chores as a family job that needs to be done they aren’t worried about who’s getting paid for what tasks. The tasks at hand get DONE, and often times you can see ALL three of my kids doing dishes together and folding clothes together.
They Learn How to Manage Their Time
Our system may not work for your household, but it does work for us because we install in the kids’ minds that they are going to have to work for a living one day. They learn that they have to manage their days. That is one of the reasons why I’m glad that we homeschool our kids because they get to learn what LIFE is really like. They aren’t stuck in a classroom 8-3PM having someone else dictate what and how they learn.
They get to see and feel the blood and sweat of owning your own company. We have our family business that we run and we also have this blog family business that we also run. They get to see where physical and mental skills can take them. They are learning many aspects of both of our businesses because we don’t keep anything from them. They are right there for our business discussions. The neat thing is they come up with some really brilliant ideas sometimes that make an enormous impact on our success.
I’d love to hear your input on the whole allowance debate. What are your thoughts on it?